Business · 13 March 2026

Britain's GDP flatlines in January at 0%.

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.

By BriefTea Editorial · 13 March 2026 at 9:04

Reported by The Guardian · How we write briefs