UK GDP Is Even More Depressing Than You Think
The UK economy contracted more than expected in the fourth quarter as the euphoria following this year’s Olympics subsided, leaving the question – is the UK economy in a triple dip recession? Although the quarterly figure doesn’t outright confirm the notion, the sentiment is strong when taking a look at the fundamental drivers of the lower figure. GDP Downright Depressing According to the Office for National Statistics, growth for the UK economy in the 3-month period ending December fell by
