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Rolling coverage of the latest economic and financial news, as retail sales in Great Britain rebound by 3.4% in January
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Hours after official figures showed Britain has fallen into a recession, the prime minister saw Labour overturn huge Tory majorities in Kingswood and Wellingborough
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Conservatives expected to lose two seats on day UK economy was announced to be in recession
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The retrospective detection of an downturn proves a headache for Rishi Sunak
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Editorial: The Conservatives have presided over a shrunken British economy, and Rishi Sunak does not have a clue how to make it grow again
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Shadow chancellor’s No 10-style press conference given extra credence by decision to drop £28bn green pledge, Labour sources say
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The UK’s economy stagnated again at the end of 2023, as households feel the strain of higher interest rates
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The fourth quarter contraction was the biggest since the first three months of 2021, at the height of the pandemic
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The UK’s latest economic woes come just as voters in Kingswood and Wellingborough take to the polls
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Jeremy Hunt insisted prioritising tackling inflation was the “right thing to do” after the UK slid into a recession. “We always expected growth to be weaker while we prioritised tackling inflation, that means higher interest rates, and ...
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Governments try to generate a feelgood factor before an election. The UK has the opposite: a feel-bad factor
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GDP fell 0.3% in three months to December after collapse in retail sales in run-up to Christmas
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Rolling coverage of the latest economic and financial news, including the UK GDP report for the last quarter of 2023
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Fall in rank below Germany has been attributed to a weak yen and country’s ageing, shrinking population
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In blow for PM Rishi Sunak, statistics set to show economy shrank for second time in a row
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Figures on GDP, wages and inflation this week are set to offer Labour plenty of scope for criticising Tories’ economic competence
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Reports suggest the French have lost their va-va-voom in the bedroom – and they certainly aren’t the only ones