UK economy SHRINKS by 0.6 per cent as Britain nears recession territory

UK economy SHRINKS by 0.6 per cent as Britain nears recession territory

City A.M.

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The UK economy contracted by 0.6 in June and shrank 0.1 per cent between April and June, compared to growth of 0.8 per cent in the previous three months, the Office for National Statistics said this morning. Commenting on the gross domestic product (GDP) figures that showed a 0.1 per cent contraction in the second [...]

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