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U.K. Economy Takes a Hit: April's GDP Shrinks Amid Trade Tariffs

U.K. Economy Takes a Hit: April's GDP Shrinks Amid Trade Tariffs

BUSINESS - 6/12/2025

The U.K. economy shrank 0.3% in April, facing declines in industrial and service sectors due to global trade tariffs and domestic tax increases. With businesses struggling, can the economy bounce back?

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