UK economy shrinks in November, ending six consecutive months of growth

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The UK economy shrank in November as coronavirus restrictions on consumers and businesses reduced economic activity.

Gross domestic product dropped 2.6% during the month according to the Office for National Statistics (ONS), leaving it 8.5% below its pre-pandemic peak.

The decline in the economy during November came following a run of six consecutive months of growth. In October, UK GDP grew 0.6%.

 

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