The UK’s economy has been confirmed as having grown by 0.7 per cent in the first quarter, January to March, with services and production the main contributors in what was a big boost in the early part of the year for Rachel Reeves and Labour’s plans for growth.
However, GDP is estimated to have fallen 0.3 per cent in April, largely through services output, and the UK - like much of the rest of the world - has faced huge uncertainty since then through factors such as Donald Trump’s tariffs, higher than expected inflation and continued escalations in the MIddle East.
