UK economy shrinks by monthly 2.9% in January

Source
A view of the City of London on a clear day.
Vuk Valcic | SOPA Images | LightRocket via Getty Images

Britain's economy shrank by 2.9% in January from December as the country went back into a coronavirus lockdown, official data showed on Friday.

Economists polled by Reuters had expected a contraction of 4.9%.