UK economy shrank in January

The UK economy unexpectedly shrank in January.

[Subscribe: https://bit.ly/C4_News_Subscribe]

GDP fell by 0.1%, largely due to a decline in manufacturing output – while falls in hospitality, arts and entertainment also put a dent in growth.

Rachel Reeves said plans to increase defence spending would boost the economy.

——-

Get more news at our site – https://www.channel4.com/news/

Follow us:
TikTok – https://www.tiktok.com/@c4news
Instagram – https://www.instagram.com/channel4news/
Twitter – https://twitter.com/Channel4News
Facebook – https://www.facebook.com/Channel4News/