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UK economy shrinks 0.1% in January following decline in factory output – business live

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UK economy unexpectedly shrinks in blow to Rachel Reeves ahead of spring statement

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

The UK economy unexpectedly shrank in January following a decline at factories.

2pm GMT: US Michigan Consumer sentiment for March

Continue reading…UK economy unexpectedly shrinks in blow to Rachel Reeves ahead of spring statementGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.The UK economy unexpectedly shrank in January following a decline at factories.2pm GMT: US Michigan Consumer sentiment for March Continue reading…