UK Economy Shrinks Unexpectedly by 0.1% in January 📉 - Impact on Rachel Reeves' Plans

The UK economy contracted by 0.1% in January, according to the Office for National Statistics.Most economists had forecast gross domestic product (GDP) to rise by 0.1% in the first month of the year. For the three months to January, GDP was estimated to have grown by 0.2%, driven by growth in the services sector, the ONS said. #GDP #ONS #RachelReeves