Uk Economy December 2024. The uk economy has shifted from a period of stagnation, high inflation and recession to a more welcome environment of apparent growth. The decline in gdp in october and september is in stark contrast to the first two quarters of 2024, when britain’s economy expanded by 0.7pc and 0.5pc in the first and second.

In january at davos 2024, there were calls for a ‘new paradigm of prosperity’ that balances. Bloomberg shoppers pass the fortnum.