Published 12:56 IST, December 22nd 2023
UK economy contracts in Q3, fuels recession concerns
Despite this, the retail sales surged beyond expectations, rising by 1.3% compared to October figures.
![United Kingdom](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/aleks-marinkovic-RaJJDlGu0x8-unsplash-170322999355916_9.webp)
After the data released, British pound experienced gains against both the US dollar and the Euro. | Image:
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12:56 IST, December 22nd 2023