The British economy shrank in the first month of 2025 compared with December, driven by a decline in production. View on euronews

The UK economy unexpectedly shrank by 0.1% in January, piling pressure on Chancellor Rachel Reeves as she prepares for this month’s spring statement. Manufacturing, oil and gas extraction, and construction all weakened,

The UK economy contracted by 0.1% in January, official figures showed in a fresh blow to chancellor Rachel Reeves ahead of the spring statement. The UK’s gross domestic product contracted by 0.1% in January,

Britain’s economy contracted in January amid a sharp fall in the manufacturing sector, in a blow to Chancellor Rachel Reeves before her spring statement, official figures have shown.

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. The data provides a fresh blow to the government and Prime Minister Keir Starmer,

The UK economy shrank unexpectedly by 0.1% in January, with a slowdown in manufacturing one of the main reasons for the dip. The performance was weaker than expected, and came after the economy had grown by 0.4% in December. It will be seen as a blow to the government, which has said its number one priority is to boost UK economic growth.

Britain's economy unexpectedly contracted in January, extending a run of stop-start data that has dogged finance minister Rachel Reeves' attempts to ignite growth, before an update to parliament on the economic outlook.

The slowdown in January piles further pressure on Rachel Reeves and Sir Keir Starmer ahead off this month’s spring statement

Britain’s economy shrank in January amid a sharp fall in the manufacturing sector, in a blow to Chancellor Rachel Reeves before her spring statement, official figures have shown. The Office for National Statistics (ONS) said the economy contracted 0.