Chancellor Rachel Reeves has blamed April's "disappointing" GDP figures on trade tariffs imposed by Donald Trump whilst defending her government's tax increases. Speaking to GB News, the Chancellor acknowledged the economic data was unsatisfactory but attributed the weakness to external factors rather than domestic policy decisions.

Blow for Rachel Reeves after UK economy shrinks by more than expected - The cut to GDP figures will be bad news for the chancellor in her mission to grow the UK economy

Rachel Reeves reeled off a dizzying list of wildly varying numbers and time horizons, covering programme after programme funded in Britain’s spending review. Over the next five years, £14bn ($19bn) would go to a new nuclear plant.

Policies risk creating “a snowball effect” that pushes Britain’s £105 billion-a-year interest payments higher, experts told CNBC.

Rachel Reeves refuses to rule out Autumn Budget tax rises as economy shrinks 0.3% in April - Latest GDP estimate worse than the 0.1% fall expected by economists

The UK economy shrank by 0.3% during April after Donald Trump imposed sweeping tariffs on foreign imports, official numbers show. It’s a blow to Rachel Reeves, who tried to splash the cash for government departments in her spending review yesterday.

A funding summit is to be held to examine ways of securing the cash needed to build a swimming pool-led leisure centre in Peterborough.Leaders from political, education and sports organisations are up against a summer deadline to present a business and funding case for an Olympic-grade pool and leisure hub to Government officials.

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