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First U.K. Contraction Since Wake of Crisis Raises Brexit Stakes

  • Firms run down stocks after hoarding before March exit date
  • Underlying growth has lost momentum amid no-deal Brexit fears
Stockpiling For Brexit At Chiltern Cold Storage Group Ltd.
Photographer: Darren Staples/Bloomberg
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Britain succumbed to its first economic contraction since the aftermath of the financial crisis, raising the stakes for Boris Johnson’s government as it seeks an imminent exit from the European Union.