UK Crashes into Recession as GDP Falls, Retail Sales Crash & Inflation Remains Double Target Rate
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The United Kingdom is now Officially in RECESSION. GDP Figures for Q4 2023 show that the economy fell by 0.3% and this is now the second consecutive quarterly fall which puts the UK into recession. In this video I look at the current situation, analyse why the UK has fallen into recession and discuss what is likely to happen over the next 3 to 6 months.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
3:04 GDP
5:27 INFLATION
8:13 FOOD INFLATION
9:36 INTEREST RATES
12:52 RETAIL SALES
15:41 BALANCE OF TRADE
16:54 SUMMARY & CONCLUSION
#uk
#unitedkingdom
#recession
#brexit
#ukraine
#russia
#inflation
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
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