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GDP shrinks in January as UK economy prepares for upcoming tax hikes

City A.M. Friday, 14 March 2025 ()
GDP shrinks in January as UK economy prepares for upcoming tax hikesThe UK economy underperformed expectations in January. According to the latest set of gross domestic product (GDP) figures published by the Office for National Statistics (ONS), the economy shrank by 0.1 per cent in January. Over the three months to the end of January, the economy grew by 0.2 per cent. Economists had predicted growth [...]
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