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UK economy shrank by 0.1% in three months to June

ONS says two bank holidays to mark Queen’s jubilee contributed to fall in output in June

Britain’s economy contracted by 0.1% in the three months to June, according to official figures that revealed the weakening outlook for the UK, which is expected to enter a recession later this year.

The Office for National Statistics said two bank holidays to celebrate the Queen’s jubilee contributed to a 0.6% fall in output in June alone.

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