© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

UK economy shrinks unexpectedly in blow to Rachel Reeves

ONS data showing 0.1% fall in GDP in January comes less than two weeks before chancellor’s spring statement

The UK economy contracted by 0.1% in January, dealing a blow to Rachel Reeves before the spring statement later this month.

In a surprise to City economists, who expected 0.1% growth in January, the Office for National Statistics data showed the services sector failed to offset a decline in the industrial sector and maintain growth from the previous month.

Continue reading…

Related posts

Jeremy Vine ‘unnerved’ after home targeted by anti-vaccine protesters

AEA3

Government plan to tempt UK back to trains dismissed as gimmick

AEA3

Paralysed man walks using device that reconnects brain with muscles

AEA3

Pin It on Pinterest

Share This