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UK Economy Shrinks 0.3% in April Amid Market Volatility and Trade Challenges

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Source: CNBC
UK Economy Shrinks 0.3% in April Amid Market Volatility and Trade Challenges
Photo: CNBC
TL;DR

European stock markets opened lower amid concerns over the UK economy shrinking 0.3% in April and record declines in UK exports to the US due to tariffs, with ongoing trade tensions and macroeconomic worries impacting investor confidence.

Topics:businessfinance#european-stocks#finance#gdp-contraction#market-outlook#trade-deficit#uk-economy
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  1. Europe stock markets open lower; FTSE 100 choppy after UK economy shrinks more than expected  CNBC
  2. UK economy shrinks by 0.3% in April, ONS says  Reuters
  3. Spending Review: Reeves facing questions on BBC after UK economy shrinks by 0.3% in April  BBC
  4. UK exports to US plunge as Trump tariffs hurt growth; Britain ‘turning into a National Health State’ – business live  The Guardian
  5. Economy alert: Another blow for Rachel Reeves as GDP FELL by 0.3% in April  GB News

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