UK economy shrinks 0.1% as Iran war weighs (opens in new tab)

The UK economy contracted 0.1% in April, its first monthly decline since last August, after expanding 0.3% in March and 0.4% in February, according to Office for National Statistics data cited across the reports. The figure matched economists' expectations in a Reuters poll cited by Firstpost, but raised concern that the April-June quarter could reverse part of the stronger start to 2026. Reports tied the pullback to the Iran war's economic effects, including higher energy costs, pressure on ...