In view of analysts at the Royal Bank of Scotland, there is no recession for the UK economy as after contracting by 0.2% in the second quarter, the economy regained enough composure to eke out 0.3% growth in three months to September. Key Quotes “There’s not much to celebrate though. Momentum is slowing: GDP growth is the most sluggish since the aftermath of the financial crisis in 2010 (just 1% y/y).” “The manufacturing industry failed to stage any recovery at all, with output flat. Thank goodness for the services sector, especially bright spots like film and TV production, which expanded 22% over the past 12 months and has doubled in size in just five years.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK PM Johnson: Postponing further cuts in corporation tax FX Street 3 years In view of analysts at the Royal Bank of Scotland, there is no recession for the UK economy as after contracting by 0.2% in the second quarter, the economy regained enough composure to eke out 0.3% growth in three months to September. Key Quotes "There's not much to celebrate though. Momentum is slowing: GDP growth is the most sluggish since the aftermath of the financial crisis in 2010 (just 1% y/y)." "The manufacturing industry failed to stage any recovery at all, with output flat. Thank goodness for the services sector, especially bright spots like film and TV production, which expanded… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.