Will There Be A Recession In 2024 Uk. Output fell 0.3 per cent month on month in october, suggesting the uk is at risk of a technical recession if there is a contraction. Official statistics published on thursday confirmed the uk economy slipped into a technical recession in the second half of last year.

Inflation in the uk flatlined at the bank of england’s target of 2.0% in the 12 months to june 2024, strengthening. Home economy uk’s reeves bonds with yellen in debut on global finance stage.