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Evening Standard

Michael Howie

UK economy flatlined unexpectedly ahead of Iran war in blow to Rachel Reeves

Economy United Kingdom Office for National Statistics Rachel Reeves Iran

The UK economy unexpectedly stalled in January following meagre growth at the end of last year, official figures have shown, amid fears Britain is heading for a hit from the Iran conflict as prices are sent soaring.

The Office for National Statistics (ONS) said there was zero growth in gross domestic product (GDP) in January.

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