The UK’s financial slowdown gathered additional momentum in the course of the third quarter of the yr with development of simply 0.1%, in keeping with an early official estimate.
The Office for National Statistics (ONS) reported a shock contraction for financial output throughout September of -0.1% – with a few of the downwards strain being utilized by the cyber assault disruption to manufacturing at Jaguar Land Rover.
Sky’s Economics and Data Editor Ed Conway says coming into the finances this determine goes to "be a disappointment to Rachel Reeves".
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