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UK economy shrinking: Is a recession inevitable?

  • The UK economy unexpectedly shrank by 0.1% in January, according to the Office for National Statistics .
  • Rachel Reeves stated that Britain is 'feeling the consequences' of global events affecting economic growth.
  • Labour has managed 0.3% growth overall since taking power, which is a point the chancellor aims to improve upon before the spring statement.
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  • 50% of the sources lean Right
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Evening Standard broke the news in London, United Kingdom on Friday, March 14, 2025.
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