GDP fell by 0.1% in October as activity failed to regain momentum after cyber-attack on Jaguar Land Rover

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Britain’s economy shrank unexpectedly in October as consumers held back on spending before Rachel Reeves’s budget, and car manufacturing struggled to recover from the cyber-attack on Jaguar Land Rover.

Figures from the Office for National Statistics (ONS) showed gross domestic product fell by 0.1%, after a 0.1% drop in output in September. City economists had predicted a 0.1% rise in October.

Decision would anger environmental campaigners, who say it would amount to ‘gutting’ of green deal

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The EU’s outright ban on the sale of new petrol and diesel cars from 2035 is poised to be watered down, a senior European parliament politician has said.

The decision, expected to be announced by the European Commission on Tuesday in Strasbourg, would be a divisive move, angering environmental campaigners who argue it would amount to the “gutting” of the EU’s flagship green deal.