15 Jan 2021

UK economy shrinks after six months of growth

Economics Correspondent

There is more evidence that things will get tougher before they get better, as figures showed the UK economy shrank by 2.6% in November as England went into lockdown for a second time.

The decline came after six consecutive months of growth, with sectors like services and hospitality especially badly hit.

But it’s not just the places forced to close their doors which have been affected. So have the businesses which supplied them.