Millions of vulnerable families are to be hit hard with the UK set to go into recession while the poorest parts of the country will be worst affected, a report has warned.
It is predicted that gross domestic product will shrink in the third and fourth quarters of this year, and in the first three months of next year.
A National Institute of Economic and Social Research (NIESR) report has said the UK is facing a “three-quarter technical recession, but a relatively shallow one”.
