UK Economy Grew Slightly to Avoid Recession in 2022, Revised Official Data Shows

The Bank of England can be seen as people cycle through the City of London financial district, in London, Britain, on June 11, 2021. Henry Nicholls/Reuters

The UK economy grew by more than first thought in the fourth quarter of 2022, according to revised official data confirming the country avoided a recession last year.

Economists had previously said the economy saw zero growth between October and December, indicating the UK had very narrowly avoided a recession.