Businesses have expressed their disappointment after the UK economy shrank at the start of 2025. The Office for National Statistics (ONS) said that output declined by 0.1% during the month following the 0.4% growth seen in December. Despite the figures, the Chancellor Rachel Reeves said she is determined to turn the economy around. Read more: https://news.sky.com/story/economy-finds-reverse-gear-in-january-with-surprise-contraction-13328304 #economy #chancellor #skynews #economy #gdp #