BUSINESS LIVE: GDP shrinks 0.1%; Oil prices rise; Retail sales volumes jump

By Live Commentary

Updated: 07:49 GMT, 22 December 2023

The UK economy shrank by 0.1 per cent in the third quarter, revised down from previous estimates of flat growth for the period, fresh data from the Office for National Statistics shows.

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GDP shrinks 0.1% in Q3

The UK economy shrank by 0.1 per cent in the third quarter, revised down from previous estimates of flat growth for the period, fresh data from the Office for National Statistics shows.