All Confederation of British Industry articles

  • UK
    Article

    The U.K. is facing a year-long economic recession

    2022-12-08T12:23:00Z

    The U.K.’s gross domestic product is likely to contract by 0.4 percent in 2023. The country is estimated to have entered into an economic recession in the third quarter of 2022 that will last until the end of next year, according to the Confederation of British Industry (CBI). The CBI ...