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Britain's economy shrank by less than feared in January, despite the country being in lockdown.Gross domestic product was 2.9% lower than in December, a much smaller contraction than forecast in a Reuters poll of economists.The Bank of England has predicted the economy will shrink by 4% in the first quarter of this year. But it's expected to keep its stimulus programmes on hold at the end of its meeting next Thursday (March 18).It's thought the central bank will predict that Britain's vaccination programme - Europe's fastest - will trigger a bounce-back in the economy.But there were some red flags in Friday's (March 12) data.Trade with the European Union was hit hard at the start of the country's post-Brexit trading relationship. Exports and imports from Britain to the EU plunged by the most on record.Although the Office for National Statistics said there was a delay in gathering some data.Exports of goods to the EU, excluding non-monetary gold and ot

Gross domestic productThe bank of englandமொத்த உள்நாட்டு ப்ராடக்ட்தி வங்கி ஆஃப் இங்கிலாந்து