OECD Upgrade Will Keep UK Out of Recession

The UK will avoid a 2026 recession by failing to record two successive quarters of negative quarter-on-quarter real GDP between Q1 and Q4 2026. That outcome will rest on resilient ONS readings such as the unrevised 0.6% increase in Q1 2026 and the three months to July 2026 growth of 0.4% after 0.4%…