Reeves disappointed after economy unexpectedly shrinks

The article reports that the UK economy unexpectedly shrank in May, marking the second consecutive month of contraction. This development has put pressure on the chancellor, Rishi Sunak, as the country faces economic challenges. The data shows that the economy declined by 0.1% in May, confounding expectations of a small expansion. This follows a 0.2% drop in April, raising concerns about the overall state of the economy. The news is seen as disappointing, as the government had hoped for a stronger economic performance amidst the cost-of-living crisis and other macroeconomic pressures. The contracting economy is likely to increase the challenges faced by the chancellor and the government in managing the country's economic affairs. The article provides a concise summary of the key facts without any apparent bias, focusing on the unexpected economic contraction and the resulting pressure on the chancellor.