Business

UK economy shrank by 0.1% in January

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The UK economy shrank by 0.1% in January, according to the latest official figures.

A slowdown in manufacturing was one of the main reasons for the dip, the Office for National Statistics (ONS) said.

The performance was weaker than expected, with most economists having predicted the economy to have grown in the month.

The UK government has repeatedly said its number one priority is to boost UK economic growth.

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