French in recessio

Posted on 17 Feb 2021
Share Blog Post

New figures analysed by Northampton accountants Harris & Co show that the French economy has entered recession after shrinking by 0.2% in the first quarter of the year.

France"s economy shrank by the same amount in the last quarter of 2012. A recession is defined as two consecutive quarters of negative growth.

France has record unemployment and low business and consumer confidence.

German growth figures have also been released, showing its economy, the strongest in the eurozone, grew by just 0.1% in the first quarter of the year

View more blog posts

Two tier tax system introduced
Posted on 07 May 2025
Two tier tax system introduced
read more
Lending gap stifles UK SME's
Posted on 30 Apr 2025
Lending gap stifles UK SME's
read more
Costly tax compliance
Posted on 23 Apr 2025
Costly tax compliance
read more
SME owners flee UK in droves
Posted on 16 Apr 2025
SME owners flee UK in droves
read more
Back To Top
01604 660661