Economics

U.K. Avoids Recession But Remains Hobbled Ahead of Election

Growth is flagging, with GDP falling in August and September
Economy in focus in campaign for Dec. 12 general election

U.K. Rate Cuts on the Way as BOE Seeks to `Stabilize' Growth, Macquarie Says

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By David Goodman

November 11, 2019 at 9:30 AM UTC

Updated on

November 11, 2019 at 11:10 AM UTC

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Britain dodged a recession ahead of the now-postponed Oct. 31 Brexit deadline, but the figures underscored the economic challenge facing whoever wins next month’s election.