epa10458621 Construction work by St Paul's Cathedral in London, Britain, 10 February 2023. The Office for National Statistics (ONS) stated the UK economy avoided a recession at the end of 2022 by a narrow margin. Economic growth flatlined in the final three months of 2022. A decline in gross domestic product (GDP) of 0.5 percent in December was offset by increases in the two previous months, a stagnation means Britain escaped two quarters of negative growth, which can be technically defined as a recession. EPA/NEIL HALL
