It has been announced that the UK's economy shrank unexpectedly in August, which is continuing to spark fears of a recession.
Economists had been predicting that there would be zero growth during that month, but official figures from the Office of National Statistics (ONS) show that gross domestic product (GDP) dropped by 0.3% between July and August.
This news comes amid fears that the UK is heading into another recession as the cost of living crisis continues to put pressure on businesses and households.
