Britain avoids recession by narrowest margin during strikes

In a sign of inflation that will concern the Bank of England, the total bill for wages and salaries in 2022 was up 7.4%, the biggest increase since 1999

Members of the Public and Commercial Services (PCS) union on the picket line at Gatwick.  

The UK avoided a recession last year by the narrowest of margins after the cost-of-living crisis and industrial action hit the economy during December.

Gross domestic product was unchanged in the fourth quarter following a revised 0.2% decline in the previous three months, the Office for National Statistics said Friday. Output in December alone fell 0.5%.