Britain's economy contracted unexpectedly for a second month running in May, official data showed on Friday, compounding worries at home for finance minister Rachel Reeves as the nation navigates ...

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CBI responds to latest GDP data for May 2025

“Today’s data suggests that a sluggish recovery remains the likeliest path in the near-term amid persistent trade uncertainty, a loosening labour market and slowing growth in real incomes. And with ...

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Pound dips as UK GDP disappoints, tariff worries reverberate

Sterling saw a sell-off against both the US dollar and the euro as the UK economy shrank for a second month in a row.

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UK shares trade lower with eyes on GDP data, widening trade war

London's main stock indexes slipped on Friday as weaker-than-expected GDP data and escalating U.S.-led trade tensions weighed on sentiment, a day after the blue-chip FTSE 100 hit a record high.

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UK economy figures not as bad as they look despite GDP fall, analysts say

The data is a blow to the chancellor and government, as they made growing the economy a number one priority. However, there was a bright spot.

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