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The UK economy shrank for the second consecutive month in October, defying hopes of a comeback as car manufacturing made only a modest recovery from the Jaguar Land recovery cyber attack.
National Statistical Office (ONS) said gross domestic product (GDP) fell 0.1% in October after falling 0.1% in September.
Most economists were expecting a 0.1% rise in October on the back of a rebound in manufacturing as Jaguar Land Rover (JLR) recovers from a big hack.
Britain’s economy has not grown since June, data shows gross domestic product has been either flat or falling over the last four months.
Many businesses have recently indicated that activity in the economy has slowed. BudgetDelivered on 26 November, as speculation increased over potential tax measures.
Liz McKeown, ONS director of economic statistics, said: “Within production, weakness in car manufacturing continued, with the industry making only a modest recovery in October from the substantial decline in output seen in the previous month.”