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UK economy shrinks by the most since 2023 as US tariffs hit
Britain's economy slowed sharply in April, reflecting shockwaves from U.S. President Donald Trump's announcement of ...
U.K. Economy Shrinks on Tariff Hit
Production at the country’s factories contracted more than expected in April as evolving U.S. trade policy brought a halt to ...
UK economy shrinks by 0.3% in April, ONS says
Britain's economic output contracted by a worse-than-expected 0.3% in April, when shockwaves from U.S. President Donald Trump ...
Disappointing to see UK economy shrink by 0.3% in April, Reeves tells BBC
Reeves increased funding for the NHS, defence, and housing in the Spending Review, but some key departments face budget cuts.
Tax hikes will come if economy shrinks any further, IFS warns Rachel Reeves
In a scathing assessment, the Institute for Fiscal Studies (IFS) suggested the Treasury was at times ‘making up the numbers’ ...
UK’s economy shrinks more than expected, Trump’s trade war hits it hard
National Statistics revealed that the UK economy contracted by 0.3 per cent in April, marking the worst monthly drop since ...
Service side of economy shrinks for first time in almost a year — another trade war casualty
The large service side of the U.S. economy contracted in May for the first time in almost a year, another victim of ongoing ...
Rachel Reeves refuses to rule out Autumn Budget tax rises as economy shrinks 0.3% in April
The UK economy shrank by 0.3% in April, figures revealed on Thursday, in a blow to Chancellor Rachel Reeves as her Spending ...
Building2d
Construction output grows as wider economy shrinks, official figures say
Construction output grew by 0.9% in April bucking the trend of the wider economy which shrank during the month, according to ...
Wall Street Journal2d
U.K. Economy Shrinks on Tariff Hit
The U.K. economy contracted more than expected in April as the uncertainty created by President Trump’s evolving trade policy brought a halt to a surprising surge in activity. Gross domestic ...