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Body blow for Rachel Reeves after GDP fell 0.1% in January with worse to come from Budget tax raid and Trump's tariffs

GDP fell 0.1 per cent in January as production plunged despite the Chancellor's high-profile push for growth.



UK GDP fell 0.1% in January, defying expectations, due to a slowdown in manufacturing, oil/gas extraction, and construction. Rachel Reeves faces economic challenges including looming Budget tax increases and potential tariffs from Donald Trump. The government maintains it believes in free trade and is in negotiations with the US for an economic agreement.

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