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Business live: UK economy shrinks 0.3% in April
Rachel Reeves is ‘disappointed’ with lower GDP growth after businesses front-loaded exports to the US before President Trump’s ‘Liberation Day’ trade tariffs
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telegraph.co.uk
UK economy shrinks in blow for Rachel Reeves - latest updates
Britain’s economy shrank at the start of the second quarter, official figures show, in a blow for the Chancellor just a day after her spending review.
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bbc.com
UK economy shrank in April as tax rises and US tariffs kicked in
The figures are for April which is also when a hike in employer National Insurance contributions kicked in.
