Is the UK in a recession? How central banks decide and why it's so hard to call it
- Written by Luciano Rispoli, Senior Lecturer in Economics, University of Surrey
The Bank of England has indicated that the UK may have already entered a recession based on preliminary data. Craig Hastings / ShutterstockLast week, UK chancellor Kwasi Kwarteng launched a bid to boost economic growth with the largest tax cutting exercise for half a century. What this so-called mini-budget has since overshadowed, however, was an...
