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UK economy suffers April contraction post Trump's tariffs
The UK economy took a hit in April, shrinking by 0.3%—worse than experts predicted. This drop is mostly linked to new tariffs from President Trump that have shaken up global trade and made things tense with China. For Chancellor Rachel Reeves, who's focused on boosting growth, it's another big challenge to tackle.
UK economy shows signs of growth
UK businesses are also dealing with higher costs, like increased minimum wages and national insurance contributions. Even so, the economy managed some growth over the past three months—suggesting companies tried to get ahead of disruptions. Still, with ongoing trade tensions and more uncertainty around tariffs, it's clear the government will need to keep supporting businesses through these ups and downs.