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UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'What’s in a name?'

4 min • 10 november 2023
The UK reportedly grew 0% in the third quarter. To any normal person, the difference between 0% and –0.1% growth is not noticeable. For the media, it means that they cannot call this a “recession.” UK growth was slowed by weaker housing activity, with evidence of higher interest rates doing damage.
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