• About us
  • Advertise with us
  • Privacy Policy
  • Contact us
Monday, June 30, 2025
  • Login
Envision Nigeria
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    LG Unveils New Campaign To Promote Healthier, Smarter Living

    LG Unveils New Campaign To Promote Healthier, Smarter Living

    AONN Urges Wike to End Ongoing Strikes in Schools and Health Centres

    AONN Urges Wike to End Ongoing Strikes in Schools and Health Centres

    POS operator docked for allegedly stealing her employer’s N553, 500

    POS operator docked for allegedly stealing her employer’s N553, 500

    Court remands security man over alleged rape of tailor in Ibadan

    Court remands security man over alleged rape of tailor in Ibadan

    MC Oluomo didn’t buy me a car- Aisha Lawal

    MC Oluomo didn’t buy me a car- Aisha Lawal

    Mercy Johnson’s childhood friend makes unsettling allegations about actress

    Mercy Johnson’s childhood friend makes unsettling allegations about actress

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    MC Oluomo didn’t buy me a car- Aisha Lawal

    MC Oluomo didn’t buy me a car- Aisha Lawal

    My husband doesn’t beat me – Rosy Muerer

    My husband doesn’t beat me – Rosy Muerer

    Mercy Johnson’s childhood friend makes unsettling allegations about actress

    Mercy Johnson’s childhood friend makes unsettling allegations about actress

    Technology: The play station Revolution!

    Technology: The play station Revolution!

    Premier League Summer 2025 Transfer Update: 20 Clubs, 20 Stories

    Premier League Summer 2025 Transfer Update: 20 Clubs, 20 Stories

    Almost August: But the Football Buzz Starts Now!

    Almost August: But the Football Buzz Starts Now!

  • World News
  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    Benefits of gloves, spiritually 

    Benefits of gloves, spiritually 

    What age difference is ideal between husband and wife?

    What age difference is ideal between husband and wife?

    The Versatility of Gender-Neutral Fashion

    The Versatility of Gender-Neutral Fashion

    Breaking News: Nigeria Reports 39 Mpox and 5,951 Cholera Cases

    Breaking News: Nigeria Reports 39 Mpox and 5,951 Cholera Cases

    “Nigerians Rally Support for Family of Quadruplets, Contribute Over N4.2 Million”

    “Nigerians Rally Support for Family of Quadruplets, Contribute Over N4.2 Million”

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    The Last Guardian Playstation 4 Game review

No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • Science
    • World
    LG Unveils New Campaign To Promote Healthier, Smarter Living

    LG Unveils New Campaign To Promote Healthier, Smarter Living

    AONN Urges Wike to End Ongoing Strikes in Schools and Health Centres

    AONN Urges Wike to End Ongoing Strikes in Schools and Health Centres

    POS operator docked for allegedly stealing her employer’s N553, 500

    POS operator docked for allegedly stealing her employer’s N553, 500

    Court remands security man over alleged rape of tailor in Ibadan

    Court remands security man over alleged rape of tailor in Ibadan

    MC Oluomo didn’t buy me a car- Aisha Lawal

    MC Oluomo didn’t buy me a car- Aisha Lawal

    Mercy Johnson’s childhood friend makes unsettling allegations about actress

    Mercy Johnson’s childhood friend makes unsettling allegations about actress

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Entertainment
    • All
    • Gaming
    • Movie
    • Music
    • Sports
    MC Oluomo didn’t buy me a car- Aisha Lawal

    MC Oluomo didn’t buy me a car- Aisha Lawal

    My husband doesn’t beat me – Rosy Muerer

    My husband doesn’t beat me – Rosy Muerer

    Mercy Johnson’s childhood friend makes unsettling allegations about actress

    Mercy Johnson’s childhood friend makes unsettling allegations about actress

    Technology: The play station Revolution!

    Technology: The play station Revolution!

    Premier League Summer 2025 Transfer Update: 20 Clubs, 20 Stories

    Premier League Summer 2025 Transfer Update: 20 Clubs, 20 Stories

    Almost August: But the Football Buzz Starts Now!

    Almost August: But the Football Buzz Starts Now!

  • World News
  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    • Travel
    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    National Cybercrime Centre dismantles WhatsApp fraud syndicate targeting Nigerian elites

    Benefits of gloves, spiritually 

    Benefits of gloves, spiritually 

    What age difference is ideal between husband and wife?

    What age difference is ideal between husband and wife?

    The Versatility of Gender-Neutral Fashion

    The Versatility of Gender-Neutral Fashion

    Breaking News: Nigeria Reports 39 Mpox and 5,951 Cholera Cases

    Breaking News: Nigeria Reports 39 Mpox and 5,951 Cholera Cases

    “Nigerians Rally Support for Family of Quadruplets, Contribute Over N4.2 Million”

    “Nigerians Rally Support for Family of Quadruplets, Contribute Over N4.2 Million”

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • Review

    The Legend of Zelda: Breath of the Wild gameplay on the Nintendo Switch

    Shadow Tactics: Blades of the Shogun Review

    The Last Guardian Playstation 4 Game review

No Result
View All Result
Envision Nigeria
No Result
View All Result
Home News

UK economy enters recession

Ademola Damilola by Ademola Damilola
February 15, 2024
in News
0
UK economy enters recession
0
SHARES
12
VIEWS
Share on FacebookShare on Twitter

The UK economy has officially entered into a recession, according to official data released on Thursday. The Office for National Statistics reported that the Gross Domestic Product (GDP) contracted by 0.3% in the fourth quarter of 2023, following a 0.1% contraction in the previous three months. This meets the technical definition of a recession, which is characterized by two successive quarters of negative economic growth.

The announcement is considered a setback for Prime Minister Rishi Sunak, who had made economic growth one of his five pledges in January 2023. The data highlights the challenges facing the UK economy, indicating a contraction in economic activity in the second half of the previous year.

Notably, the UK had experienced a recession in 2020 when the economy contracted by a record 20.4% in the second quarter due to the lockdown measures implemented in response to the COVID-19 pandemic.

Concerns about a potential recession had already surfaced in December 2023 when official data revealed an unexpected shrinkage of the economy in the third quarter. Gross domestic product contracted by 0.1% between July and September, raising fears of economic challenges leading up to the scheduled election in 2024.

The Office for National Statistics, acknowledging the gravity of the situation, had stated in 2020 that the UK was in the largest recession on record. The recent data reiterates the ongoing economic challenges and underscores the need for measures to stimulate economic recovery.

Previous Post

FCTA dislodges 15,000 illegal occupants in Gwarinpa

Next Post

TSA: Reps to sanction MDAs over non-compliance, summon CBN, others

Ademola Damilola

Ademola Damilola

Next Post
TSA: Reps to sanction MDAs over non-compliance, summon CBN, others

TSA: Reps to sanction MDAs over non-compliance, summon CBN, others

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.9k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest
FG commences electronic verification for military veterans February 19

FG commences electronic verification for military veterans February 19

February 15, 2024
Fr Ogunyemi charges Catholic women to go MAD

Fr Ogunyemi charges Catholic women to go MAD

February 20, 2024
BREAKING: FCT Minister’s residence gutted by Fire

BREAKING: FCT Minister’s residence gutted by Fire

February 25, 2024
Dr Patrick Tyodzer Pillah: A Scholar Shaping Public Policy, Governance, and Environmental Management in Nigeria

Dr Patrick Tyodzer Pillah: A Scholar Shaping Public Policy, Governance, and Environmental Management in Nigeria

February 11, 2025
Culture making Africans intolerant of blessings for same-sex couples – Pope

Culture making Africans intolerant of blessings for same-sex couples – Pope

1
CBN lacks power to receive NNPCL crude sales – Atiku

CBN lacks power to receive NNPCL crude sales – Atiku

1
Soldier questions non-recognition as Tinubu lavishes gifts on Super Eagles

Soldier questions non-recognition as Tinubu lavishes gifts on Super Eagles

1
Fr Ogunyemi charges Catholic women to go MAD

Fr Ogunyemi charges Catholic women to go MAD

1
LG Unveils New Campaign To Promote Healthier, Smarter Living

LG Unveils New Campaign To Promote Healthier, Smarter Living

June 25, 2025
AONN Urges Wike to End Ongoing Strikes in Schools and Health Centres

AONN Urges Wike to End Ongoing Strikes in Schools and Health Centres

June 18, 2025
POS operator docked for allegedly stealing her employer’s N553, 500

POS operator docked for allegedly stealing her employer’s N553, 500

June 13, 2025
POS operator docked for allegedly stealing her employer’s N553, 500

POS operator docked for allegedly stealing her employer’s N553, 500

June 13, 2025

Recent News

LG Unveils New Campaign To Promote Healthier, Smarter Living

LG Unveils New Campaign To Promote Healthier, Smarter Living

June 25, 2025
AONN Urges Wike to End Ongoing Strikes in Schools and Health Centres

AONN Urges Wike to End Ongoing Strikes in Schools and Health Centres

June 18, 2025
POS operator docked for allegedly stealing her employer’s N553, 500

POS operator docked for allegedly stealing her employer’s N553, 500

June 13, 2025
POS operator docked for allegedly stealing her employer’s N553, 500

POS operator docked for allegedly stealing her employer’s N553, 500

June 13, 2025
Envision Nigeria

Envisionnigeria. com.ng is an on-line publication established to give expression to Article 19 of the Universal Declaration of Human Right. It is an apolitical community of Journalist and Global citizens committed to making the World a better place.

Follow Us

Browse by Category

  • Apps
  • Business
  • Crime
  • Education
  • Entertainment
  • Evironment
  • Fashion
  • Feature
  • Food
  • Foreign News
  • Gadget
  • Gaming
  • Health
  • In the News
  • Interview
  • Lifestyle
  • Mobile
  • Movie
  • Music
  • News
  • Politics
  • Review
  • Science
  • Sports
  • Startup
  • Tech
  • Travel
  • World

Recent News

LG Unveils New Campaign To Promote Healthier, Smarter Living

LG Unveils New Campaign To Promote Healthier, Smarter Living

June 25, 2025
AONN Urges Wike to End Ongoing Strikes in Schools and Health Centres

AONN Urges Wike to End Ongoing Strikes in Schools and Health Centres

June 18, 2025
  • About us
  • Advertise with us
  • Privacy Policy
  • Contact us

© 2024 Envision Nigeria Publications & Communication Limited

No Result
View All Result

© 2024 Envision Nigeria Publications & Communication Limited

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In