Figures show UK economy shrunk for a second month

THE UK economy contracted for the second month running in October, defying expectations for a rebound as car manufacturing only made a slight recovery from the Jaguar Land Rover cyber attack.

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THE Office for National Statistics (ONS) said GDP fell 0.1% in October, following a 0.1% decline in September.

Most economists had been expecting a rise of 0.1% for October on hopes of a manufacturing bounce back led by Jaguar Land Rover’s recovery from the hack.