A copy of the Evening Standard outside the Bank of England in the City of London after data showed the UK economy slipped into recession at the end of 2023.
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Official data showed on Friday that the British economy had emerged from recession, with gross domestic product growing 0.6% in the first quarter, beating expectations.
Economists had expected a month-on-month growth of 0.4%.
The UK entered a shallow recession in the second half of 2023 as persistent inflation weighed on the economy.
Although there is no official definition of recessionTwo consecutive quarters of negative growth are widely considered a technical recession.
This is a breaking news story and will be updated soon.
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