Blow For Rachel Reeves As UK Economy Shrinks For Second Month In A Row

Britain’s Chancellor of the Exchequer Rachel Reeves faces disappointment as the UK economy shrinks by 0.1% in October, following a similar decline in September. Labour’s focus on economic growth is emphasized, with Reeves stressing the importance of delivering higher living standards through long-term growth policies. The opposition criticizes the government’s decisions, attributing the economic downturn to the Chancellor’s actions and negative rhetoric, warning of potential negative impacts on families.

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