UK economy shrinks in April as US tariffs kick in
Britain's economy shrank more than expected in April following a tax hike on UK businesses and a record drop in exports to the United States due to President Donald Trump's tariffs, official data showed Thursday. Exports of British goods to the United States fell by a record £2 billion ($2.7 billion) the same month, the ONS revealed, following the introduction of Trump's tariffs onslaught.