Your December guide to the UK economy, giving you a monthly overview of the major trends impacting the UK's main business sectors.
12 Dec 2023, 3 min read
The economy is resilient, but weak
There are two main themes characterising the UK economy at present. The first is resilience: activity has defied expectations of a recession that were prevalent at the beginning of the year. When considered against the scale of the headwinds that households and businesses have faced – high inflation, continued labour shortages, supply chain pressures and global volatility among them – this in itself is very encouraging. Data over the past month suggest that while t
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