📰 News Alert:

🔖 Title: Factory decline pushes UK economy into contraction; gold breaks through record $3,000 – business live

🗓️ Published: Fri, 14 Mar 2025 10:20:20 GMT

📄 Summary: The UK economy unexpectedly contracted by 0.1% in January, impacting the chancellor ahead of the spring statement, while global shares are on track for their worst week since September due to trade war concerns. Key numbers include a 0.9% drop in production output, with manufacturing experiencing a 1.1% decline and sectors like basic metals and pharmaceutical products also seeing decreases. Future implications may include increased scrutiny on economic policies and potential market volatility.

🔗 https://www.theguardian.com/business/live/2025/mar/14/uk-economy-shrink-january-decline-factory-output-gold-markets-correction-business-live

🗞️ Source: Business | The Guardian

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