LONDON: Britain's economic output fell sharply in April, reflecting shockwaves from U.S. President Donald Trump's announcement of wide-ranging tariffs and the end of a tax break on property sales, official data showed on Thursday.
Gross domestic output shrank by a larger-than-expected 0.3% in April from March - the biggest monthly drop since October 2023 and more than the 0.1% fall forecast in a Reuters poll, following 0.2% growth in March.
