UK Economy Shrinks, Raising Pressure on Labour Government

The UK economy contracted by 0.1% in January, reversing December’s gains and intensifying pressure on the Labour government. Adverse weather conditions hit key industries, fueling concerns over economic stability. Prime Minister Keir Starmer now faces mounting challenges in sustaining growth while reassuring investors. Analysts warn that persistent stagnation could impact Labour’s policy agenda, with critics questioning the government’s financial strategy. Economic uncertainty continues to shape the political landscape ahead of upcoming policy debates.
Source: https://www.indiatoday.in/world/uk-news