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12 Aug 2022

UK economy shrinks by 0.1% in ‘prelude to recession’

The UK economy shrank by 0.1% in the three months to June, according to official figures – in what’s already being called a “prelude to recession”.

As the cost of living crisis continues to bite, the retail sector has been especially badly hit.

While Boris Johnson has admitted the help currently being offered for those struggling to afford energy bills isn’t enough.