The impact of higher interest rates and stormy weather caused a worse-than-expected 0.3% drop in national output in October as the UK economy struggles to pick up momentum, according to figures released on Wednesday by the Office for National Statistics.
Analysis
UK Economy Shrank by More Than Expected in October
Higher Interest Rates and Bad Weather Held Back Growth
CoStar Analytics
December 13, 2023 | 11:53 AM
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