The UK economy shrinks by 0.3% in three months from October. The three-month period October to October saw a decline in Britain's economy, which is proof of the impact that rampant inflation and rising interest rates have on industry and business. The gross domestic product, which is the broadest measure of economic activity, declined by 0.3% over the same period as the three months through July. This was according to the Office for National Statistics Monday. Citizen-science project Vanishing stars opens skies to public This decline occurred despite estimates showing that GDP rose 0.5% in October, following a 0.6% drop…