FTSE 100 Live: London index ends week down again, S&P closes above 5000 - Evening Standard

Recessions, are ultimately a choice. A government can decide either to take the economic pain at a particular juncture, or defer it by running higher deficits. In the case of the UK, the latest deficit-to-GDP number was 5.5%, according to Bloomberg. Excluding the Global Financial Crisis and the pandemic, this is nearly double the average deficit of approximately 3%.

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2024-02-10 07:13:13Z
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