LONDON: Two major world economies — Japan and the UK — have fallen into a recession in the second half of 2023. While Japan’s ‘unexpected fall comes off the back of a contracting gross domestic product (GDP) — its economy also shrank by 3.3pc in the previous quarter, the UK’s decline comes ahead of this year’s expected election for PM …
Read More »Bad news for big economies as UK, Japan slide into recession
February 16, 2024