TalkTV speaks to the people of East London after official figures revealed Britain fell into recession at the end of last year.
The Office for National Statistics (ONS) estimated that gross domestic product (GDP) fell by a worse-than-expected 0.3% between October and December, following a decline of 0.1% in the previous three months.
It means that the economy entered a technical recession, as defined by two or more quarters in a row of falling GDP.
It marks the first time the UK has entered recession since the first half of 2020, when the initial Covid-19 lockdown sent the economy plunging into reverse.
#recession #rishisunak #eastlondon #talktv
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The Office for National Statistics (ONS) estimated that gross domestic product (GDP) fell by a worse-than-expected 0.3% between October and December, following a decline of 0.1% in the previous three months.
It means that the economy entered a technical recession, as defined by two or more quarters in a row of falling GDP.
It marks the first time the UK has entered recession since the first half of 2020, when the initial Covid-19 lockdown sent the economy plunging into reverse.
#recession #rishisunak #eastlondon #talktv
Click here for more from TalkTV https://talk.tv
If you need any help visit: https://talk.tv/helplines