Businesses_react_after_UK_economy_unexpectedly_shrank_in_January

Businesses have expressed their disappointment after the UK economy shrank at the start of 2025.

The Office for National Statistics (ONS) said that output declined by 0.1% during the month following the 0.4% growth seen in December.

Despite the figures, the Chancellor Rachel Reeves said she is determined to turn the economy around.