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flag UK economy shrinks unexpectedly in January, defying forecasts of growth.

flag The UK economy unexpectedly shrank by 0.1% in January, driven by a drop in production, contrary to economists' forecasts of a 0.1% growth. flag This decline, primarily due to a fall in industrial and manufacturing output, signals a weaker economic start to the year before new business taxes and global uncertainties take full effect. flag Services showed slight growth but at a slower pace than the previous month.

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