Monday, July 4, 2022
  • About
  • Advertise
  • Careers
  • Contact
News Upfront
  • Home
  • HEALTH
  • Login
No Result
View All Result
News Upfront
Home ECONOMY

UK in Recession for the first time in 11 years

Louvier Kindo Tombe by Louvier Kindo Tombe
August 12, 2020
in News
0
UK in Recession for the first time in 11 years
0
SHARES
31
VIEWS
Share on FacebookShare on Twitter

UK has officially fallen into recession for first time in 11 years due to the impact of the coronavirus pandemic

(Source: BBC)

Understanding recession

A recession is a significant decline in economic activity that lasts for months or even years.

Experts declare a recession when a nation’s economy experiences negative gross domestic product (GDP), rising levels of unemployment, falling retail sales, and contracting measures of income and manufacturing for an extended period of time.

Recessions are considered an unavoidable part of the business cycle—or the regular cadence of expansion and contraction that occurs in a nation’s economy.

During a recession, the economy struggles, people lose work, companies make fewer sales and the country’s overall economic output declines.

The point where the economy officially falls into a recession depends on a variety of factors.

This is a Developing Story…

Tags: EconomyRecessionUK
Previous Post

Les Ministres de L’Economie et des Finance du CEMAC ont Examiné Les Mesures De Relance Après COVID-19

Next Post

Orbituary: Longest Serving Mfoundi SDO is No More

Related Posts

Officials from CAMTEL and EIFORCES at the end of the visit (Photo: Camertoday)
News

EIFORCES Students ‘Browse’ CAMTEL’s Operations

June 29, 2022
Bamenda Stadium Construction: Laudable Initiative Which Should be Concretized Soonest – Hon. Agho
News

Bamenda Stadium Construction: Laudable Initiative Which Should be Concretized Soonest – Hon. Agho

June 28, 2022
Minister Joseph Le of Public Service and Administrative Reform and CAMTEL's GM, Judith Yah Sunday Epse Achidi exchanging the documents signed Monday June 13, 2022
News

CAMTEL Devoted to Secure Public Service Data – Judith Yah Sunday

June 13, 2022
Dr EriseMary Dinga explaining the objectives of the Emmi GLOBAL Entrepreneurial Leadership Summit to journalists in Douala on June 10, 2022
News

Business is not to Begin but to Sustain – Dr EriseMary Dinga

June 11, 2022
Group photo with TCLD and NCPBM members
News

Tayong Center for Leadership Development (TCLD) to Lauch CEO Executive Leadership Bootcamp

June 7, 2022
Frantz Fanon Bilingual College Yaounde
News

After Leaked Sextape: Frantz Fanon Boss Offs Staff, Reassures Credibility of Institution

June 7, 2022
Next Post
Orbituary: Longest Serving Mfoundi SDO is No More

Orbituary: Longest Serving Mfoundi SDO is No More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • ECONOMY
  • ENVIRONMENT
  • HEALTH
  • News
  • OPINION
  • Sports

BROWSE BY TOPICS

actualité Adapting to Covid-19 Africa Alamine Ousmane Mey Anglophone Cameroon anglophone crisis Anti Corona Measures Atanga Nji back to school Bafoussam CAMASEJ Cameroon Cameroun Camtel climate change Climate Tracker Coronavirus Corona Virus Covid-19 Dion Ngute Douala Drylands Restoration Ernest Obama Fecafoot Grass 2 Grace Foundation Hon Agho Oliver Huawei Human Rights ICT University IDPs Judith Yah Sunday Maurice Kamto Minepat News NW SW Paul Biya Paul Tasong President Paul Biya Regional Elections Samuel Wazizi UN UNDP Vision 4 west Region WPFD

Recent News

  • EIFORCES Students ‘Browse’ CAMTEL’s Operations
  • Bamenda Stadium Construction: Laudable Initiative Which Should be Concretized Soonest – Hon. Agho
  • JVE Cameroun Spearheads Road Map to Scale Up Ocean Action

Category

  • ECONOMY
  • ENVIRONMENT
  • HEALTH
  • News
  • OPINION
  • Sports
  • About
  • Advertise
  • Careers
  • Contact

© 2020 News Upfront - Website Designed by SoftestWeb Inc.

No Result
View All Result
  • Home
  • HEALTH

© 2020 News Upfront - Website Designed by SoftestWeb Inc.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In