UK economy shrank sharply in April as Trump tariffs and tax rises kicked in – NBC 5 Dallas-Fort Worth
The U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday. U.K. GDP contracted 0.3% month on month in April. In March, the economy had grown 0.2%. Trump's trade tariffs and domestic tax rises are reasons behind the fall. The U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday. The latest monthly growth figures from the Office for National Statistics showed the U.K. economy contracted 0.3% month on month in April,...



