Close Menu
Straightnews

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Advocacy Body Canvasses Compassion-Driven Support for Terrorism and Disaster Victims in Akwa Ibom

    January 13, 2026 --- 12:32 am

    Police Probe Sudden Death of Family of Six in Rivers State

    January 12, 2026 --- 11:52 pm

    Open Forum Knocks Akwa Ibom Govt for Hoisting APC Flag in Public Spaces

    January 12, 2026 --- 9:18 pm
    Facebook X (Twitter) Instagram
    Trending
    • Advocacy Body Canvasses Compassion-Driven Support for Terrorism and Disaster Victims in Akwa Ibom
    • Police Probe Sudden Death of Family of Six in Rivers State
    • Open Forum Knocks Akwa Ibom Govt for Hoisting APC Flag in Public Spaces
    • Real Madrid sack Xabi Alonso after Barcelona defeat
    • SERAP Sues INEC over alleged missing N55.9bn election funds
    • AFCON 2025 Win: Super Eagles to Get $1.5m Incentive from Nigerian Billionaire
    • Salah Fires Egypt Past AFCON champions, Set for Senegal in Semifinal
    • Christians’ Killings: Trump Warns of more airstrikes on Nigeria
    Facebook X (Twitter) Instagram
    Straightnews
    • Home
    • About Us
      • About StraightNews
      • Our Philosophy
      • Editorial Board
    • News
      • Nationwide News
      • Community News
      • Regional News
        • North Central
        • North East
        • North West
        • South East
        • South South
        • South West
    • Nigeria
      • Politics
      • Economy
      • Education
      • Security
      • Energy
      • Agriculture
      • Health
      • Labour
      • Environment
      • Technology
      • Real Estate
      • Transportation
      • Judiciary
      • Electricity
    • Foreign
      • Africa
        • West Africa
        • South Africa
        • North Africa
        • East Africa
      • America
      • Asia
      • Europe
    • Social
      • Photo Gallery
      • Entertainment
      • Events
      • Fashion
      • Fitness
      • Short Stories
      • Lifestyle
      • Relationship
      • Travel
      • Specials
        • Personality Interview
        • Special Reports
        • Profile
    • Articles
      • Editorial
      • Opinion
      • Essay
    • Contact Us
    • Sports
    Straightnews
    Home»Nigeria»Economy»UK Economy Shrivels By 2.6%
    Economy

    UK Economy Shrivels By 2.6%

    straightnewsng.comBy straightnewsng.comJanuary 15, 2021 --- 11:35 amNo Comments1 Min Read
    WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    UK economy straightnews
    UK economy
    Share
    WhatsApp Facebook Twitter LinkedIn Pinterest Email

    As England was placed in COVID-19 lockdown for a second time, the United Kingdom economy shrank by 2.6 per cent in November last year, official figures show.

    The Office for National Statistics said it meant gross domestic product was 8.5 per cent below its pre-pandemic peak.

    November’s decline came after six consecutive months of growth.

    Pubs and hairdressers were badly hit as the service sector suffered, the ONS said, but some manufacturing and construction activity improved.

    The hit to the service sector – which accounts for about three-quarters of the UK economy – meant it contracted by 3.4 per cent in November, and is now 9.9% below the level of February 2020.

    Chancellor Rishi Sunak said the figures showed “It’s clear things will get harder before they get better and today’s figures highlight the scale of the challenge we face”.

    However, he said the vaccine roll-out and economic support measures meant there were reasons to be hopeful. “With this support, and the resilience and enterprise of the British people, we will get through this,” he said.  (BBC NEWS)

    Chancellor Rishi Sunak Office for National Statistics United Kingdom
    Share. WhatsApp Facebook Twitter Pinterest LinkedIn Tumblr Email
    straightnewsng.com
    • Website

    Related Posts

    March 2026: 16 Nigerian Banks That Beat CBN Recapitalisation Deadline

    December 21, 2025 --- 8:46 pm

    N1.2bn Tax Debt: AKIRS Enforces Court Order,Seals off CCECC Office in Uyo

    December 19, 2025 --- 6:14 pm

    FG Approves $2.27bn Bakassi Deep Seaport in Cross River

    December 14, 2025 --- 7:32 pm

    Comments are closed.

    Search
    Our Picks
    Don't Miss
    News

    Advocacy Body Canvasses Compassion-Driven Support for Terrorism and Disaster Victims in Akwa Ibom

    By straightnewsng.comJanuary 13, 2026 --- 12:32 am0

    By Akakan Umoh Open Forum,  an advocacy body, has canvassed for a shift from selective…

    Police Probe Sudden Death of Family of Six in Rivers State

    January 12, 2026 --- 11:52 pm

    Open Forum Knocks Akwa Ibom Govt for Hoisting APC Flag in Public Spaces

    January 12, 2026 --- 9:18 pm

    Real Madrid sack Xabi Alonso after Barcelona defeat

    January 12, 2026 --- 8:25 pm

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    The publication is committed to the principles of development journalism. We are prepared to change the public perception that the profession is a harbinger of hate, blackmail, sycophancy, prejudice and falsehood.

    We pledge to use journalism practice to give voice to the voiceless and to give people of all shades of opinions an opportunity to tell their stories.
    We're accepting new partnerships right now.

    Recent Posts
    • Advocacy Body Canvasses Compassion-Driven Support for Terrorism and Disaster Victims in Akwa Ibom
    • Police Probe Sudden Death of Family of Six in Rivers State
    • Open Forum Knocks Akwa Ibom Govt for Hoisting APC Flag in Public Spaces
    • Real Madrid sack Xabi Alonso after Barcelona defeat
    • SERAP Sues INEC over alleged missing N55.9bn election funds
    Facebook X (Twitter) Instagram Pinterest
    • Advertise With Us
    © 2026 Straightnews Wire Limited

    Type above and press Enter to search. Press Esc to cancel.