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UK Economy contracts for second month amid Tory criticism

Video Credit: ODN - Duration: 00:58s - Published
UK Economy contracts for second month amid Tory criticism

UK Economy contracts for second month amid Tory criticism

The UK economy shrank for a second consecutive month in October, marking the first back-to-back decline since the pandemic.

Shadow Chancellor Mel Stride criticised the government, claiming it inherited a fast-growing economy but is now "talking down" the UK, causing higher taxes, inflation, and unemployment.

Stride warned businesses are "sounding the alarm" due to the government's "doom and gloom" economic narrative.

Report by Covellm.

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