Get all your news in one place.
100's of premium titles.
One app.
Start reading
The National (Scotland)
The National (Scotland)
National
Angus Cochrane

UK edges closer to recession as economy unexpectedly shrinks

Rishi Sunak is being urged to take more action to tackle the cost-of-living crisis

THE UK has plunged further towards financial crisis after it was revealed the economy contracted for the second month in a row in April.

The Office for National Statistics (ONS) said gross domestic product (GDP), a measure of the size of the economy, fell by 0.3% in April, with all three main sectors suffering a fall in output for the first time since January 2021.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.