Tag Archives: recession

People spending less, doctors’ strikes and a fall in school attendance dragged the UK into recession at the end of last year, official figures show. The economy shrunk by a larger than expected 0.3% between October and December, after it had already contracted between July and September. The UK is …

East Africans are second-guessing what the projected global recession in 2023 could mean for them, given the International Monetary Fund says about a third of the world will be in recession, led by the globe’s largest economies including the US, China, and Europe. The recent growth projections by the international …