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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: Recession avoided in 2022, Standard Chartered bid latest

GDP Recession United Kingdom

The UK looks to have avoided recession in 2022 after estimates today showed GDP unchanged in the final quarter of the year.

The UK economy contracted by 0.3% in the third quarter and had appeared on course for a further decline in the final period of 2022, representing a technical recession.

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