Recession 2024 When Will It Start Uk. Autumn starts this year on sunday 22 september and ends on 21 december 2024. The combination of high inflation, falling real wages and a sharp rise in mortgage rates could belatedly push the uk economy into recession by the election.

The uk economy exited last year’s technical recession with faster than expected growth of 0.6 per cent for the first quarter of 2024, providing welcome. In the uk, economists currently put the risk of a recession over the next year at 30%, down from 60% at the start of the year.