Is A Recession Coming In 2024 Uk. Economy has emerged from recession as gross domestic product rose 0.6% in the first quarter, beating expectations. The latest official figures suggest the uk's economy stalled and then slipped into reverse over the summer, raising the risk that it edged into recession at the end of 2023.

The uk is expected to have slipped into recession at the end of last year after a weak december for the country’s economy, official figures are set to show. Britain’s economy probably will avoid a recession in 2024 and strengthen in the second half of the year as consumers benefit from falling inflation and the easing of a lengthy.