RACHEL Reeves received a pre-Budget blow as the UK economy has slowed down.
The Chancellor now facing huge pressure after growth was lower than what economists had forecast – and comes ahead of Budget tax hikes.
The economy declined by 0.1 per cent in September, official figures show.
Figures released from the Office of National Statistics showed growth was up by 0.1 per cent.
It comes after experts had expected to be 0.2 per cent in the three months from July to September.
It was down from 0.3 per cent which was recorded for the previous three months.
The Cyber attack to Jaguar Land Rover hit the manufacturing sector with an impact on the figures.
Lib Dem Treasury Spokesperson Daisy Cooper said: “This is a damning indictment of Labour’s disastrous decisions.
“From the jobs tax to business rates bills, the economy is barely spluttering along.
“The Chancellor must take up our plans for an emergency package to save our high streets, put money back in the pockets of families and finally fix our broken relation with Europe to bring in billions for our public services.”
