Uk Recession 2024. Economists see less pressure on households in 2024 The office for national statistics (ons) said the economy grew 0.1% across 2023 compared with 2022.

The uk will face one of the worst recessions and weakest recoveries in the g7 in the coming year, as households pay a heavy price for the government’s policy failings,. Most recent indicators of economic activity suggest that the uk will probably exit recession in the first quarter of 2024.