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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 ...
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 ...
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 ...
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.
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UK economy shrinks in April as US tariffs kick in
Britain's economy shrank more than expected in April following a tax hike on UK businesses and a record drop in exports to ...
Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says
President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the ...
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 ...
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’ ...
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 ...