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LONDON (AP) — The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this month.

Gross domestic product contracted 0.1 percent in the month after GDP rose 0.4 percent in December, the Office for National Statistics (ONS) said in a statement. Britain's finance minister Rachel ...

Growth of 0.1% had been expected by the majority of economists. Following the news early on Friday, Ms Reeves said Britain is "feeling the consequences" of an ever-changing geopolitical landscape.

Sky News presenter Anna Jones announced the latest GDP data from the Office for National Statistics, which showed the economy has shrunk by -0.01% . Describing it "a worry" for Chancellor Rachel ...

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The UK economy contracted by 0.1 per cent for January 2025 a blow to Chancellor Rachel Reeves, according to the latest figures from the Office for National Statistics (ONS). Reeves has pledged to ...

The UK economy shrunk in January driven by a sharp decline in the manufacturing sector, in a blow to Chancellor Rachel Reeves before her upcoming Budget, official figures have shown. The Office ...

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