Economy contracted by 0.1% in January, ONS figures say

ODN

Rachel Reeves says the government is "determined" to turn around a decade of poor growth performance, after the latest Office for National Statistics figures show the UK economy contracted by 0.1% in January. The announcement is a blow to the chancellor ahead of her Spring statement on March 26. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00This government is determined to turn around the poor performance of more than a decade

00:04when it comes to growth and we need to go further and faster in growing our economy,

00:10in ensuring that we boost our national security and defence and reforming our public services.

00:16That's why the Prime Minister set out yesterday reforms to regulation, that's why this week we've

00:23introduced the planning and infrastructure bill to get Britain building again but we must go

00:28further and faster to boost living standards and grow our economy.

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