Tag: RachelReeves
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UK GDP Contracts 0.1% as Jaguar Land Rover Cyberattack Cripples Auto Production
The British economy contracted once again in September, a decline largely driven by the fallout from the cyberattack on automaker Jaguar Land Rover (JLR) and the resulting shutdown of its operations. A new report from the UK’s Office for National Statistics (ONS) records a 0.1% drop in GDP and simultaneously revises August’s figures downward—from the…