UK economy unexpectedly shrinks in January

Britain's economy unexpectedly shrank in January, official data showed Friday, piling more pressure on the Labour government ahead of its Spring Statement on the economy. Gross domestic product contracted 0.1 percent in the month after GDP rose 0.4 percent in December, the Office for National Statistics (ONS) said in a statement. Britain's finance minister Rachel [...]The post UK economy unexpectedly shrinks in January appeared first on The Guardian Nigeria News - Nigeria and World News.

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