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UK economy falls into recession, adding to Rishi Sunak's election challenge
British Prime Minister Rishi Sunak speaks with business leaders during the first meeting of his Business Council inside 10 Downing Street, central London on February 14, 2024. DANIEL LEAL | REUTERS
Britain's economy fell into a recession in the second half of 2023, a tough backdrop for Prime Minister Rishi Sunak who has promised to boost growth ahead of an expected 2024 election.
The office for National Statistics (ONS) said that gross domestic product (GDP) contracted by a worse-than-expected 0.3 percent in the three months to December having shrunk by 0.1 percent between July and September.