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World

The UK leaves recession behind in 2023

12 April 2024

7:09 PM

12 April 2024

7:09 PM

The economy grew by 0.1 per cent in February: not much to celebrate on its own but the small uptick in GDP all but confirms that the UK is leaving its recession in 2023.

February wasn’t a booming month: services output only grew by 0.1 per cent, with transportation and storage services contributing the most to the sector’s growth (the former seeing its biggest boost since June 2020).

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