Business | Business News The official verdict is looming on whether or not the UK’s faltering economy is moving nearer full-blown recession, and it is likely to add to calls for interest rate cuts to help flatlining growth. Mortgage holders, first-time home buyers, City traders and politicians are all braced for gross domestic product data due on Friday morning at 7.00 am. Experts expect that value of all the goods and services produced by the economy in November will remain around the flatline – showing growth of just 0.1% year-on-year – leaving it on the brink of shrinking. The forecast for such narrow growth comes after data for…
