Economy reveals shock development – however residing requirements hit

The UK financial system grew fractionally in the course of the remaining three months of 2024, in line with early official figures, which ease the fast danger of a recession.

While the headline determine shall be greeted with some reduction in Downing St, the ONS knowledge reveals there may be little to have fun, with a measure for development by head of inhabitants displaying a second quarter of contraction as Sky’s Ed Conway explains.

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