UK economy shrank unexpectedly in May | Breaking News & Latest UK Updates

UK economy shrank unexpectedly in May — The UK economy shrank unexpectedly in May, according to latest official figures. The economy shrank by 0.1%, the Office for National Statistics said, ...

The UK economy shrank unexpectedly in May, according to latest official figures.

The economy shrank by 0.1%, the Office for National Statistics said, the second month in a row it has contracted.

Economists had expected GDP to grow by 0.1%.