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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
The U.K. economy contracted more than expected in April as President Trump’s evolving trade policy brought a halt to a ...
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 ...
Economy shrinks by more than expected amid record fall in exports to the US
ONS director of economic statistics Liz McKeown said: “After increasing for each of the four preceding months, April saw the ...
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’ ...
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.
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 ...
Blow for Rachel Reeves after UK economy shrinks by more than expected
The UK economy contracted by 0.3% in April, according to the Office for National Statistics. At such a critical moment in US ...
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 ...
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 ...
Wall Street Journal3d
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 ...