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2025-02-13 10:02:01

tzongocu on Nostr: šŸ“° News Alert: šŸ”– Title: UK recession fears ease as economy returns to growth, ...

šŸ“° News Alert:
šŸ”– Title: UK recession fears ease as economy returns to growth, but living standards fall ā€“ business live
šŸ—“ļø Published: Thu, 13 Feb 2025 09:45:58 GMT
šŸ“„ Summary: 1. The UK economy grew by 0.1% in the last quarter of the year, with the services and construction sectors expanding, but production contracting and GDP per person shrinking.

2. GDP increased by 0.4% in December, surpassing expectations.

3. Shadow chancellor Mel Stride criticized chancellor Rachel Reeves for allegedly hindering growth, suggesting potential political implications for economic policies in the future.
šŸ”— https://www.theguardian.com/business/live/2025/feb/13/uk-gdp-economy-growth-stagnation-shrinking-recession-rachel-reeves-business-live
šŸ—žļø Source: Business | The Guardian
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