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The UK economy has officially entered recession, figures show.

A recession is defined as two consecutive three-month periods where the economy contracts rather than grows.

A major measure of economic growth, gross domestic product (GDP) shrank 0.3% between October and December, the latest Office for National Statistics (ONS) data shows.

It’s a steeper-than-expected fall, as economists had forecast a 0.1% contraction.

It followed 0.1% of negative economic growth in the three months from July to September.

The data, however, is just an estimate and is subject to revision.

Figures are routinely revised as more information becomes available.

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Money latest: What unexpectedly large contraction means

While previous recessions were long lasting – such as during the global financial crash of 2008 and 2009 – this one is likely to be mild and short-lived.

It could also prompt interest rate-setters at the Bank of England to bring down interest rates sooner, and reduce the cost of borrowing.

But the data will be bad news for Prime Minister Rishi Sunak and the Conservatives, who made growing the economy one of their five key pledges.

Consumer spending power has been eroded by the cost of living crisis, with high inflation and expensive energy bills eating into disposable income.

Stormy weather also has kept shoppers at home and limited production output.

Pic: Istock
Image:
Pic: Istock

Rainfall was far above average levels for the final three months of 2023 – with higher wind speeds household spending and government consumption and construction, where output dropped 1.3%.

In the key December shopping month, retail sales declined to a level not seen since the middle of the COVID lockdown in January 2021, the ONS said last month.

The UK economy struggled with productivity, particularly emerging from the pandemic. The number of long-term sick and people neither working nor seeking work hit all0-time highs as the virus receded and lockdowns disappeared.

Strikes have also held back productivity as private and public sector workers across industries staged walkouts throughout 2023.

In response to the data, Chancellor Jeremy Hunt said: “High inflation is the single biggest barrier to growth which is why halving it has been our top priority. While interest rates are high – so the Bank of England can bring inflation down – low growth is not a surprise.

“But there are signs the British economy is turning a corner; forecasters agree that growth will strengthen over the next few years, wages are rising faster than prices, mortgage rates are down and unemployment remains low. Although times are still tough for many families, we must stick to the plan – cutting taxes on work and business to build a stronger economy.”

On X, Labour leader Sir Keir Starmer wrote: “Rishi Sunak has failed to turn the corner on 14 years of Tory economic decline. Britain is hit by a recession and it’s working people who will pay the price. It’s time for change. Only Labour will deliver it.”

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How Britain’s most notorious gangster turned up at a charity lunch to fact-check a retired detective’s talk

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How Britain's most notorious gangster turned up at a charity lunch to fact-check a retired detective's talk

Britain’s most notorious gangster and the detective who pursued him have been involved in a bizarre confrontation…at a charity lunch.

Former Detective Superintendent Ian Brown was at a Kent golf club and about to give a talk on the infamous £26m Brink’s-Mat gold robbery when he was summoned from the stage by officials.

Mr Brown, who appeared on the award-winning Sky News StoryCast podcast The Hunt For The Brink’s-Mat Gold in 2019, said: “I go outside and they say ‘he’s here’ and I say ‘who’s here’ and they say that table over there in the corner, that’s Kenny Noye with a baseball cap pulled down over his head.”

Noye stabbed to death an undercover policeman during the Brink’s-Mat investigation, but was acquitted of murder, though he was jailed for handling the stolen gold.

After his release, he used a knife again in the M25 road-rage murder of motorist Stephen Cameron.

“They said what are we going to do?” said Mr Brown.

“I said are you serving food? Well, just use plastic knives.”

Former Detective Superintendent Ian Brown
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Former Detective Superintendent Ian Brown. Pic: Robert Mulhern

Although Mr Brown had not personally arrested Noye over Brink’s-Mat he had identified him as a suspect months after the robbery.

Years later he met him during an ill-fated TV interview in which he quizzed him about his role in the robbery.

He said: “He told me everything I wanted to know except the truth. He still insists he had nothing to do with it.”

The interview was never broadcast after the prison authorities threatened to send Noye back to jail for a breach of his parole.

Read more:
What happened to the Brink’s-Mat gold?

Kenneth Noye and Stephen Cameron
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Kenneth Noye, left, and Stephen Cameron

Mr Brown, 86, said: “I went over to him and said ‘thanks for coming, nice of you to pop in’, but I don’t believe you’ve turned up with your sons and grandkids to listen to me telling how you killed a police officer.

“And he said ‘I want to make sure you don’t say I’ve been dealing drugs’ and I said ‘I’ve never said that Kenny’.”

The retired detective told Noye he wasn’t going to change his presentation just because he was there.

“He said ‘mate, I wouldn’t expect you to and I’ll come up [on stage] if you want me to’.

“Can you think how he’s turned up with his family to listen to somebody talking about you killing the police? Now, you put logic on that.”

The bizarre story emerged when I rang Mr Brown after I’d been told about the meeting.

A series of podcast documentaries from Sky News, telling compelling and unheard real life stories from around the UK.
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A Sky News podcast told the story of the Brink’s-Mat heist in 2019

I also wanted to ask him about the recent BBC hit drama series The Gold which retold the story of the Brink’s-Mat heist at Heathrow Airport in 1983.

“It was an absolute shambles, far too much dramatic licence and the real story was so much better,” said the ex-detective, whose job had been to follow the trail of the 6,800 gold bars to the US and the Caribbean.

He said he chatted to one of the show’s writers for a long time in a phone call but then heard no more.

“They invented people, changed a bit here and there and made it politically correct in so many ways. I’m just very sad that that is what people will believe.

“And I couldn’t work out who my character was supposed to be. I could have been one of the female cops.”

He also criticised the portrayal of Noye, now 78, as a likeable jack-the-lad character when the truth about the double killer with a volatile temper was quite different.

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Gallagher brothers share a high-five and hug as Oasis reunite on stage after 16 years

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Gallagher brothers share a high-five and hug as Oasis reunite on stage after 16 years

Oasis have reunited on stage for the first time in almost 16 years – with brothers Liam and Noel Gallagher sharing a high five and the briefest of hugs as they closed a performance that for fans was more than worth the wait.

After the split in 2009, for many years Noel said he would never go back – and for a long time, as the brothers exchanged insults through separate interviews (and on social media, for Liam), it seemed pretty unlikely to ever happen.

But now, here they are. As they walked out on stage at Cardiff’s Principality Stadium, all eyes were on the Gallaghers for a sense of their relationship – dare we say it, friendship? – now after all these years.

There was no reference to their fall-out or making up, but the gestures were there – lifting hands together as they walked out for the first time.

The headline "OASIS REUNITED" was shown on stage at the gig. Pic: PA
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The headline “OASIS REUNITED” was shown on stage at the gig. Pic: PA

Fans at the Oasis gig. Pic: PA
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Fans at the Oasis gig. Pic: PA

Headlines and tweets of speculation and then confirmation of the reunion filled the screens as the show started. “This is happening,” said one, repeatedly.

In the end, it was all about the music.

Liam has received criticism in the past for his voice not being what it once was during his solo or Beady Eye performances, but back on stage with his brother tonight he delivered exactly what fans would have hoped for – a raw, steely-eyed performance, snarling vocals, and the swagger that makes him arguably the greatest frontman of his day.

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This was Oasis sounding almost as good as they ever have.

Fans sang along and held up their phones to film as Oasis performed. Pic: PA
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Fans sang along and held up their phones to film as Oasis performed. Pic: PA

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Oasis: ‘It’s good to be back’

They opened with Hello, because of course, “it’s good to be back”. And then Acquiesce, and those lyrics: “Because we need each other/ We believe in one another.”

The song is said to be about friendship in the wider sense, rather than their brotherly bond and sibling rivalry, but you can’t help but feel like it means something here.

Over two hours, they played favourite after favourite – including Morning Glory, Some Might Say, Cigarettes & Alcohol, Supersonic and Roll With It.

Liam Gallagher as Oasis takes to the stage in Cardiff. Pic: PA
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Liam Gallagher as Oasis takes to the stage in Cardiff. Pic: PA

In the mid-section, Liam takes his break for Noel to sing Talk Tonight, Half The World Away and Little By Little; the tempo slows but there is by no means a lull, with the fans singing all his words back to him.

Liam returns for hits including Stand By Me, Slide Away, Whatever and Live Forever, before sending the crowd wild (or even wilder) with Rock And Roll Star.

Noel Gallagher performing on stage. Pic: PA
Image:
Noel Gallagher performing on stage. Pic: PA

An Oasis fan is pointing at the stage during the gig. Pic: PA
Image:
An Oasis fan is pointing at the stage during the gig. Pic: PA

When the reunion announcement was made last summer, it quickly became overshadowed by the controversy of dynamic pricing causing prices to rocket. As he has done on X before, Liam addressed the issue on stage with a joke.

“Was it worth the £4,000 you paid for the ticket?” he shouted at one point. “Yeah,” the crowd shouts back; seemingly all is forgiven.

After Rock And Roll Star, the dream that very quickly became a reality for this band, Noel introduced the rest of the group, calling Bonehead a “legend”.

Paul 'Bonehead' Arthurs of Oasis. Pic: PA
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Paul ‘Bonehead’ Arthurs of Oasis. Pic: PA

Liam Gallagher carried a tambourine in his mouth during the concert. Pic: PA
Image:
Liam Gallagher carried a tambourine in his mouth during the concert. Pic: PA

Then he acknowledges all their young fans, some who maybe weren’t even born when they split. “This one is for all the people in their 20s who’ve never seen us before, who’ve kept this shit going,” he says before the encore starts with The Masterplan.

Noel follows with Don’t Look Back In Anger, and the screens fill with Manchester bees in reference to the arena bombing and how the song became the sound of hope and defiance for the city afterwards.

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‘I’d have paid £10,000 to see them’

Two fans sat on their friends' shoulders as Oasis performed. Pic: PA
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Two fans sat on their friends’ shoulders as Oasis performed. Pic: PA

During Wonderwall, there’s a nice touch as Liam sings to the crowd: “There are many things I would like to say to you, but I don’t speak Welsh.”

It is at the end of Champagne Supernova, which closes the set, that it happens; Noel puts down his guitar, and they come together for a high-five and a back-slap, a blink-and-you’d miss it hug.

Read more:
What you need to know about the Oasis tour
Liam Gallagher hits out at council after fans branded ‘rowdy’

“Right then, beautiful people, this is it,” Liam had told the crowd as he introduced the song just a few minutes earlier. “Nice one for putting up with us over the years.”

From the roar of the audience, it’s safe to say most people here would agree it’s been worth it.

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Former Arsenal player Thomas Partey charged with rape

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Former Arsenal player Thomas Partey charged with rape

Former Arsenal midfielder Thomas Partey has been charged with five counts of rape.

The 32-year-old has also been charged with one count of sexual assault.

Two of the counts of rape relate to one woman, three counts relate to a second woman, and the one count of sexual assault relates to a third woman.

The incidents are alleged to have taken place between 2021 and 2022.

Metropolitan Police said he is due to appear at Westminster Magistrates’ Court on Tuesday 5 August.

“The charges follow an investigation by detectives, which commenced in February 2022 after police first received a report of rape,” the force said.

Partey has just left Arsenal after his contract expired and was said to be attracting interest from clubs including Juventus, Barcelona and Fenerbahce.

The Ghanaian player was at the Emirates for five years after signing from Atletico Madrid and has also played dozens of times for his country.

His time with Arsenal was marked by recurring injuries but he played 130 times for the club in the Premier League, including 35 times last season when he scored four goals.

Detective Superintendent Andy Furphy said: “Our priority remains providing support to the women who have come forward.”

Anyone who has information about the case, or has been impacted by it, is being asked to contact the Met Police.

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