Roundup: British economy falls into recession in 2023
LONDON, Feb. 15 (Xinhua) -- With two successive quarters of contraction, the British economy fell into a recession in the second half of 2023, data showed Thursday. It is expected to fare better this year despite pressure as borrowing costs remain high.
Britain's gross domestic product (GDP) fell by 0.3 percent in the fourth quarter (Q4) of 2023 after shrinking by 0.1 percent in Q3, according to an Office for Na