UK Economy Contracts 0.1% in April Amid Middle East Conflict
Official figures reveal that the UK economy contracted by 0.1% in April, marking the first monthly dip since August 2025. This downturn follows a strong start to the year and a growth period in March, signaling a sudden shift in economic momentum. Analysts attribute the decline to the conflict in the Middle East, specifically the Iran war, which triggered an energy shock and drove up fuel prices. These rising costs have dampened consumer spending and increased pressure on the Prime Minister and the Bank of England to manage the resulting volatility.
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