Britain did slip into recession in the final half of last year, new official estimates for growth have confirmed.
Fresh estimates for gross domestic product published by the Office for National Statistics show that the economy contracted in the final six months of last year, as had been calculated initially. GDP for the three months to the end of September was judged to have contracted by 0.1 per cent, in line with the first estimate, and output was estimated to have dropped by 0.3 in the final three months of 2023.
The latest figures mean that that the economy expanded by 0.1 per cent over 2023 as a whole, the same as the initial estimate.
It means that Britain did meet the technical definition
