Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

UK Economy Declines 0.2% Britain’s gross domestic product (GDP) which measures the size of the economy declined by 0.2% in the third quarter of the year 2022 according to official data which is expected to represent the start of a lengthy recession. A Reuters poll of economists had pointed to a bigger contraction of 0.5% in the gross domestic product in the third quarter. The Bank of England said last week that Britain’s economy was set to go into a two-year recession if interest rates rose as much as investors had been pricing. Even without further rate hikes, the economy…

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