UK Recession Risks.

Jul 26, 2022 default

The risk of a UK recession in the next 12 months is now almost 50:50. While official estimates now show that the country is likely to avoid two consecutive quarters of contraction, economists are becoming increasingly pessimistic due to a surge in inflation. Inflation at its highest level for enormous resilience and cost crises are sources of weakness in life. This is above the forecast for Germany, France, Italy and Spain. Analysts believe that this will greatly affect the lives of the population and domestic business, but it will not bring any special consequences for international business.