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Sunday, Jul 13, 2025
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Britain's Economy Contracts, Sparking Fresh Concerns Over Growth

Britain's Economy Contracts, Sparking Fresh Concerns Over Growth

Unexpected decline increases pressure on government
Britain’s economy unexpectedly shrank in the latest monthly figures, dealing a blow to government hopes of a sustained recovery.

Analysts warn the contraction signals fragility in consumer spending and business investment, potentially increasing pressure for fiscal support or interest rate adjustments to stabilise growth.
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