Nadhim Zahawi has said "there is no doubt these are challenging times", as new figures showed the UK's GDP fell by 0.1 per cent between April and June. <br /> <br />Amid the shrinking economy and warnings of a recession, the Chancellor said he is focusing on growth by encouraging private sector investment. Report by Buseld. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn