RE: Small Recession15 Feb 2024 08:44
The problem for the UK is its growth has been disastrous over the last 7 years. So when an economy has hardly grown compared to its peers, its much harder to have a big recession, because the UK economy was on the rock bottom anyway.
Germany and its EU peers had done very well, so its much more likely for a technical recession to occur, but overall, they are still way ahead.