UK economy suffers worst monthly contraction since 2023
April’s GDP decline of 0.3% highlights Rachel Reeves’ challenge to kick-start growth
April’s GDP decline of 0.3% highlights Rachel Reeves’ challenge to kick-start growth

Third-quarter figures dragged down by slide in manufacturing

Expansion of 0.3% marks a sharp slowdown from 0.7% in first three months of the year

Lacklustre figure comes ahead of tough November Budget for Rachel Reeves

As global risks mount, Rachel Reeves must shore up Britain’s finances and growth agenda

Fiscal watchdog’s letter ‘set out the facts’ about the evolution of its forecasts in the run-up to the Budget

Rachel Reeves can break the UK’s fiscal ‘doom loop’ by backing business and workers