Dhaka, Dec. 13 -- Britain's economy unexpectedly contracted again in October, official data showed Friday, dealing a blow to the Labour government's hopes of reviving economic growth.
Gross domestic product fell 0.1 percent in October following a contraction of 0.1 percent in September, the Office for National Statistics said in a statement. Analysts had forecast growth of 0.1 percent.
Manufacturing rebounded in the month as carmaker Jaguar Land Rover resumed operations after a cyberattack that had weighed on the UK economy in September.
But analysts noted that businesses and consumers reined in spending ahead of Britain's highly-expected annual budget.
"Business and consumers were braced for tax hikes and the endless speculation and ...
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