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wn.com 12 May, 2022 10:15 am

UK economy unexpectedly shrinks in March, grows 0.8% in Q1

The UK economy shrank by 0.1% in March but expanded by 0.8% for the first quarter of 2022 as a whole, official figures showed today. The figures are likely to be a high point for 2022 as the cost of living crisis increasingly bites.
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