UK Not Currently in Recession but Economy Continues to Slow: Official Data

UK Not Currently in Recession but Economy Continues to Slow: Official Data
A selection of UK bank notes and pound coins, in an undated file photo. Dominic Lipinski/PA
Alexander Zhang
Updated:

The UK is not currently in recession despite earlier predictions to the contrary, but the economy has continued to slow, according to newly released official data.

The Office for National Statistics (ONS) said on Sept. 30 that the UK’s GDP grew by 0.2 percent over the three months to June, after revising a previously estimated decline.