The U.K. contracted more than expected in April as the uncertainty created by Trump’s evolving trade policy brought a halt to ...

The US economy contracted for the first time in three years as businesses rushed to import goods before tariff implementation. Markets responded negatively while economists debate whether this signals ...

National Statistics revealed that the UK economy contracted by 0.3 per cent in April, marking the worst monthly drop since ...

Britain's economic output fell sharply in April, reflecting shockwaves from U.S. President Donald Trump's announcement of ...

Britain's economy shrank more than expected in April following a tax hike on UK businesses and a record drop in exports to ...

The UK economy contracted by 0.3 per cent in April in another blow to Rachel Reeves, figures from the Office for National ...

ONS director of economic statistics Liz McKeown said: “After increasing for each of the four preceding months, April saw the ...

In a scathing assessment, the Institute for Fiscal Studies (IFS) suggested the Treasury was at times ‘making up the numbers’ ...

Chancellor Rachel Reeves will “almost certainly” have to introduce tax rises if the economy shrinks any further, the influential Institute for Fiscal Studies (IFS) has warned. Just a day after the ...

The UK economy saw the biggest monthly contraction for a year-and-a-half in April in a setback to Chancellor Rachel Reeves.

Sterling fell by a quarter of a cent against the dollar on the back of the figures. Britain's economy expanded by 0.7% in the first quarter of 2025, outstripping growth in other countries in the Group ...