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The UK economy has edged one more step closer to a recession after the publication of today’s gross domestic product (GDP) figures from the Office for National Statistics (ONS).
GDP slipped by 0.1 per cent for October 2025 in a blow to Chancellor Rachel Reeves’s fiscal agenda, which has pledged prioritise economic growth since Labour returned to Government last year.
A country is considered to be a in recession if it experiences two consecutive quarters of negative economic growth. While the UK has not been inflicted with this, this is the second month in a row of negative growth and the hiked cost of living has left millions feeling a recession is already here.
Is the UK already in a recession?
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