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Business · 13 March 2026

Britain's GDP flatlines in January at 0%.

Britain's GDP flatlines in January at 0%.

Photo by Lucas Davies on Unsplash

People may face higher living costs, with a Bank of England interest rate cut now less likely. Official figures revealed Britain's gross domestic product did not increase in January, down from December's 0.1% rise. The dominant service sector's output flatlined, amid sharp declines in recruitment, as oil prices climbed past $100 a barrel.

Reported by The Guardian · How we write briefs

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