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Britain’s economy contracted by a less-than-expected 2. 9% in January as the third national lockdown came into force, official data revealed on Friday, while exports to the EU plunged 40. 7% in the first month after the Brexit deal was signed.
Economic growth forecasts for this year were cut to 4%, reflecting the impact of the latest national Covid-19 lockdown as Finance Minister Rishi Sunak unveiled his budgetary plan for the UK's recovery from the pandemic.
