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UK Economy Grows in November, But Near Recession Territory

FILE PHOTO: People stand in Greenwich Park with the Canary Wharf financial district in the distance

The United Kingdom's economy showed signs of growth in the month of November, however, it remains on a precarious edge, with experts warning that it is running dangerously close to a recession. The latest data from the Office for National Statistics reveals that the UK's gross domestic product (GDP) increased by 0.2 percent in November compared to the previous month.

While this may seem like a positive development, it is important to note that the UK economy contracted in both September and October. This means that even with the slight uptick in November, the country's economy is still at risk of sliding into a recession, defined as two consecutive quarters of negative economic growth.

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