Why you should care about recession now that UK shopping sales figures crashed

Is the UK heading for a recession in 2024? A 'technical' recession is on the horizon as the UK retail sales figures crash. The UK’s economy shrunk by 0.1 per cent in the third quarter of last year, and October and November figures haven’t looked that much prettier. The question now is whether Brits spent enough in December to keep us out of the red – and perhaps, save much embarrassment for the government. City A.M.'s editor Andy Silvester explains what's going on. 📰 Read more of the story ⬇ https://www.cityam.com/economy-latest-data-makes-a-technical-recession-seem-almost-inevitable/ Get more of City A.M. 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: http://www.linkedin.com/company/cityam