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The Independent UK
The Independent UK
Business
Karl Matchett

Business news live: Tesla shares fall as Trump criticises Musk, UK government to make Cash ISA cuts

The latest UK economic data reveal a GDP growth of 0.7 per cent for the first quarter of the year - but the jury is still out on what that means for the rest of 2025 after April and beyond brought both domestic and global challenges.

Tuesday provided another indication of the UK housing market, meanwhile, with Nationwide release their latest index to show house prices are growing more slowly, while homeowners and savers alike will be looking ahead to the next possible interest rates cut this summer. That latter group may have a more immediate issue to contend with though, with the Lifetime ISA set for reform and anticipated cuts to the Cash ISA also on the agenda.

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