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UK economy shrank unexpectedly before budget, data shows

12.12.2025 09:01 | The Guardian World

GDP fell by 0.1% in October as activity failed to regain momentum after cyber-attack on Jaguar Land RoverBusiness live – latest updatesBritain’s economy unexpectedly shrank in October before Rachel Reeves’s budget, official figures show, as activity failed to regain momentum after the cyber-attack on Jaguar Land Rover.Figures from the Office for National Satistics (ONS) showed gross domestic product fell by 0.1%, after a 0.1% drop in output in September. City economists had predicted a 0.1% rise in October. Continue reading...

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