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The Independent UK
The Independent UK
National
Thomas Kingsley

UK economy shrank by 0.3% in August, ONS figures show

PA Wire

The British economy contracted in August, shrinking by 0.3 per cent on the previous month.

The Office for National Statistics released its latest reading on the UK's performance as the government fears the prospect of recession ahead, given the toll placed on demand by the cost of living crisis.

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