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UK economy shrinks in April as Middle East war hits
Britain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister Keir Starmer as he grapples with a political crisis. "We expect the economy to continue to fade as the year goes on, and particularly for as long as there is no lasting peace deal in the Middle East," he added. ajb/cw
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cityam.com
‘Correction’: UK economy to contract as ‘energy shock catches up’
Economists believe that the UK economy declined by 0.1 per cent in April. Official figures will be published on Friday.
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oilprice.com
UK Economy Set to Shrink as Iran Energy Shock Hits Growth | OilPrice.com
Economists expect the UK economy to contract in April as higher energy costs linked to the Iran conflict weigh on consumer spending, business activity, and overall growth…
