𝓤𝓷𝓲𝓽𝓮𝓭 𝓝𝓮𝔀𝓼

Britain’s economy recorded zero growth in January, according to official figures.

The Office for National Statistics (ONS) said Gross Domestic Product (GDP) showed no growth in January 2026, following growths of 0.1% in December and 0.2% in November 2025.

Reacting to the figures, Chancellor Rachel Reeves said: “Our economic plan is the right one, but I know there is more to do.

“In an uncertain world, we are building a stronger and more secure economy by cutting the cost of living, cutting national debt and creating the conditions for growth to make all parts of the country better off.”

The Tories hit out at Labour’s “economic mismanagement” and “failed policies”.

Shadow Chancellor Sir Mel Stride said: “This morning, the ONS confirmed the economy is flatlining – with no growth in the latest month. This follows the OBR halving the growth forecast for 2026.

“At the Spring Statement, Labour claimed they had the ‘right economic plan’, doubling down on their failed policies. Labour’s economic mismanagement has left us vulnerable to the potential impacts of events in the Middle East.

“They must now axe the fuel tax, back North Sea oil and gas and come forward with a proper plan to cut the deficit and get the benefits bill down.

“Only the Conservatives have a leader with a backbone, a clear plan and the experienced team to deliver a stronger economy and get Britain working again.”

Labour had insisted growing the economy was its number one priority after winning the last general election.

Shadow Business and Trade Secretary Andrew Griffith added that the economy is “stuttering along – much like the prime minister”.

He said: “Zero GDP growth in January and construction sector falling yet again.

“The economy is just stuttering along – much like the prime minister.

“For a government whose supposed obsession was growth, it’s not going well. Time for change.”