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World

Britain's shrinking economy adds to market jitters

12 October 2022

7:47 PM

12 October 2022

7:47 PM

Liz Truss and Rishi Sunak spent the summer fighting it out in the Tory leadership contest, debating how they would make the economy grow. It turns out that, while that discussion raged on, the economy was contracting: GDP fell in August by 0.3 per cent, according to figures from the Office for National Statistics.

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