UK economy set for 2023 recession amid ongoing inflation and energy crisis – Allianz Trade

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Business insolvencies in the UK reflect inflationary pressures and high energy costs, according to Allianz Trade’s chief executive

The UK economy is set to fall into recession in 2023 mirroring the global recession but it will muddle through, according to Allianz Trade’s latest report published 2 January 2023.

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