BBCNEWS BBC News June 4, 2024 17:25:00
Contracts for two consecutive three—month periods — and it did shrink betweenjuly and september last year. it usually means the economy is performing badly, with companies making less money and cutting jobs, leaving the government with less tax revenue. the bank of england still expects a recession this year, but it will be shorter and less severe than previously thought. here's our economics correspondent andy verity. the world cup lifted the economy in november, but it also meant premier league matches were put off — one reason for a bigger than expected drop in the economy in december...
Source: archive.org