The UK economy shrank by the most in more than 50 years in the first three months of this year, according to revised figures that were much weaker than originally estimated.
The Office for National Statistics reported a decline in gross domestic product of 2.4 per cent compared with the previous quarter, significantly sharper than the 1.9 per cent it initially calculated. Economists had expected a 2.1 per cent fall.
The revision followed the introduction of new construction sector data and more complete services sector figures.
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