UK GDP: Economy may have avoided recession – business live

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Rolling coverage of the latest economic and financial news, including UK growth figures for the third quarter of 2019

The UK was actually the worst-performing EU economy in the second quarter of 2019. A 0.2% contraction put it at the bottom of the growth league, behind Germany and Sweden .\nWe’ll find out how Germany’s economy fared in the third quarter on Thursday - economists fear it could fall into recession.

 

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Sunlit Uplands: The economy MAY have avoided coming to a COMPLETE, juddering halt. Unicorns and Brexit 50ps for all. What a great result! StopBrexit

But with Brexit on its way, this is like saying, “I’ve not got too much snow in my hair” just before the obvious and rapidly approaching avalanche hits you.

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