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Spending Review: Reeves Facing Questions on BBC After UK Economy Shrinks by 0.3% in April
- The UK economy contracted by 0.3% in April 2025, marking its largest monthly decline since October 2023 according to the Office for National Statistics.
- This contraction followed a 0.2% GDP growth in March and was driven by impacts including a tariff-led 0.6% drop in industrial output and a fall in services output.
- The services sector fell by 0.4% while construction grew by 0.9%, and exports to the US dropped sharply due to new tariffs introduced at the start of April.
- Chancellor Rachel Reeves described the GDP figures as "clearly disappointing" but emphasized her spending review aims to deliver growth and put more money into people's pockets.
- The downturn signaled increasing economic headwinds, including tariff uncertainty and wage cost pressures, with some activity likely accelerated from April to earlier months.
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11 Articles
11 Articles
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Left
3
Center
1
Right
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First the spending review, now the economy: what else lies in wait for Rachel Reeves?
Official figures showed UK plc plunged into the red in April, contracting by 0.3 per cent. There is no sugarcoating how bad a result that is for the chancellor, writes James Moore
·London, United Kingdom
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Coverage Details
Total News Sources11
Leaning Left3Leaning Right1Center1Last UpdatedBias Distribution60% Left
Bias Distribution
- 60% of the sources lean Left
60% Left
L 60%
C 20%
R 20%
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