UK falls into recession - How does it affect you

The UK economy fell into recession in the final part of last year, official figures released today have confirmed. The update will be worrying news for Rishi Sunak, who previously said growing the economy was one of his five key priorities as Prime Minister. It also comes three weeks before Jeremy Hunt delivers his Budget. A recession is defined as two consecutive quarters - or two three-month periods in a row - where gross domestic product (GDP) declines. Continue reading at The Mirror: UK economy falls into recession in major blow for Rishi Sunak - how does it affect you The Mirror Homepage: The Mirror Facebook: The Mirror IG: The Mirror TikTok: @dailymirror The Mirror Twitter: Sign up for our newsletters: #TheMirror #News #Economy