News

U.K. Economy Shrinks on Tariff Hit
The U.K. contracted more than expected in April as the uncertainty created by Trump’s evolving trade policy brought a halt to ...
UK’s economy shrinks more than expected, Trump’s trade war hits it hard
National Statistics revealed that the UK economy contracted by 0.3 per cent in April, marking the worst monthly drop since ...
European stocks decline amid negative tariff sentiment; UK economy shrinks more than expected
Futures data from IG suggests London's FTSE will open 33 points lower at 8,838, Germany's DAX down 189 points at 23,783, ...
Service side of economy shrinks for first time in almost a year — another trade war casualty
The large service side of the U.S. economy contracted in May for the first time in almost a year, another victim of ongoing ...
Building3d
Construction output grows as wider economy shrinks, official figures say
Construction output grew by 0.9% in April bucking the trend of the wider economy which shrank during the month, according to ...
Rachel Reeves refuses to rule out Autumn Budget tax rises as economy shrinks 0.3% in April
The UK economy shrank by 0.3% in April, figures revealed on Thursday, in a blow to Chancellor Rachel Reeves as her Spending ...
POLL: Should Rachel Reeves be sacked as economy shrinks unexpectedly?
The Chancellor has published her spending review, but the economy is in trouble. So should she be removed from her post?
UK economy contracted by 0.3% in April
The UK economy contracted by 0.3 per cent in April, the steepest monthly drop since 2023, underscoring the challenge for ...