UK economy shrinks by 0.3% as as exports hit by Trump trade war
Worse than forecast April GDP data shows challenge facing Rachel Reeves to kickstart growth to fund spending reviewBusiness live – latest updatesThe UK economy contracted in April by 0.3% as businesses cut jobs and cancelled investment plans in response to the uncertainty created by Donald Trump’s tariff war and higher taxes.Figures from the Office for National Statistics showed the economy went into reverse after growing by 0.2% in March and 0.5% in February. Continue reading...
admin
0
4
Worse than forecast April GDP data shows challenge facing Rachel Reeves to kickstart growth to fund spending review
The UK economy contracted in April by 0.3% as businesses cut jobs and cancelled investment plans in response to the uncertainty created by Donald Trump’s tariff war and higher taxes.
Figures from the Office for National Statistics showed the economy went into reverse after growing by 0.2% in March and 0.5% in February. Continue reading...
