UK economy shrinks again in May, fuelling fears of stalled recovery

By Tom Cleaver

UK economy shrinks again in May, fuelling fears of stalled recovery

Britain鈥檚 economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding worries at home for finance minister Rachel Reeves as the nation navigates growing global turbulence. Gross domestic product shrank by 0.1 per cent after a 0.3 per cent drop in April, the Office for National Statistics said. Economists […]

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