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?
The UK economy unexpectedly shrank by 0.1% in January, raising concerns about future growth and the impact of rising business taxes and geopolitical uncertainties. With the Bank of England's interest rate cut signaling further economic challenges, experts weigh in on what this means for the nation.