This is a list of

recession In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various ...

s (and depressions) that have affected the

economy of the United Kingdom The economy of the United Kingdom is a highly developed social market and market-orientated economy. It is the sixth-largest national economy in the world measured by nominal gross domestic product (GDP), ninth-largest by purchasing power pa ...

and its predecessor states. In the United Kingdom and all other EU member states, a recession is generally defined as two successive quarters of negative economic growth, as measured by the seasonally adjusted quarter-on-quarter figures for

real GDP Real gross domestic product (real GDP) is a macroeconomic measure of the value of economic output adjusted for price changes (i.e. inflation or deflation). This adjustment transforms the money-value measure, nominal GDP, into an index for quantit ...

References

External links

Office for National Statistics website
* ttp://www.bankofengland.co.uk/publications/inflationreport/irlatest.htm Latest Bank of England inflation report (PDF sections) br>Bank of England February 2009 Quarterly inflation report
- Much data, including (on p20) previous 3 UK recessions.
"What is the difference between a recession and a depression?" Saul Eslake November 2008UK economy tracker
BBC News - comparison of UK recessions - updated quarterly {{United States–Commonwealth of Nations recessions

Recession In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various ...

* Financial crises Recessions Recessions Financial history of the United Kingdom

See also

References

External links