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Evening Standard

Business

Michael Hunter

Recession set to end as City looks ahead to interest rate cuts to boost economic growth

Recession United Kingdom

Confirmation that the UK is out of a short and shallow recession is expected to arrive on Friday morning, when the latest reading on the size of the economy is out.

The Office for National Statistics is expected to reveal growth of 0.4% in gross domestic product, after two consecutive quarters when shrinking GDP took the UK into the widely accepted technical definition of recession.

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