What recession? Consumers, businesses of this country signal optimism5 min read 14 Jan 2023, 05:41 PM IST
Britain is weathering the worst cost-of-living squeeze in memory better than indicated by dire projections for a catastrophic recession.
Real-time indicators and surveys point to the health of consumer spending and business investment. They suggest a deep recession is unlikely following official figures that showed surprising strength in both October and November.