The UK economy shrunk again in October, according to official figures, highlighting the scale of the challenge facing Rachel Reeves in her mission to ensure the UK has the fastest growth in the G7.
The Office for National Statistics (ONS) said output fell by 0.1 per cent in October following the 0.1 per cent decline recorded for the previous month - the first time the economy has contracted for two consecutive months since March and April 2020, during the onset of the Covid-19 pandemic.
