UK-Japan in Recession: Britain and Japan in the whirlpool of recession, situation worsened due to contraction of GDP in two consecutive quarters

UK-Japan in Recession: Britain’s Office for National Statistics (ONS) has said that despite the latest recession, the economy grew by 0.1 percent in 2023 compared to 2022. The Bank of England (BoE) has said that it expects there to be a slight increase in production in 2024,