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Is the UK on the brink of recession?

Financial disaster

Executive Grapevine | Executive Grapevine International Ltd

Is the UK on the brink of recession?

Recent statistics have suggested that the UK may, in fact, be nearing another recession.

According to the Office for National Statistics (ONS), research has shown a 0.3% recovery in May’s gross domestic product from the 0.4% decline in April. However, this slight boost still left the level of output in the second quarter of 2019 lower than the average in the first quarter.

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