Uk Recession 2024 Predictions. While 2023 ended with a technical recession confirmed for q3 and q4, growth for 2024 and 2025 has been revised upwards slightly to 0.5% and. The bank of england has warned the uk will fall into recession as it raised interest rates by the most in 27 years.
While 2023 ended with a technical recession confirmed for q3 and q4, growth for 2024 and 2025 has been revised upwards slightly to 0.5% and. The uk economy is expected to grow every year until the end of 2026 but will continue to lack momentum.