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Economics3h 48m ago
Britain’s economy contracted by 0.1 per cent in April, official data showed on Friday.
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UK
Who
Office for National Statistics, Rachel Reeves
What
Britain’s economy contracted by 0.1 per cent in April, official data showed on Friday.
When
Fri, 12 Jun 2026 06:38:42 GMT · 3h 48m ago
Where
UK ·
Why
rising energy costs and disruptions linked to the Iran conflict weighed on business activity
The Frontline Impact
How this affects you
The contraction, primarily driven by a 0.2 per cent decline in the services sector, matched economists' expectations and suggests the UK economy is losing momentum, potentially shrinking in the April-June quarter.
Story chain
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Verified Sources & Citations
- HIGHDevdiscoursehttps://www.devdiscourse.com/article/business/3934099-britains-economic-contraction-revealed
- HIGHCNBChttps://www.cnbc.com/2026/06/12/uk-gdp-april-iran-war-growth.html
- HIGHBBC Newshttps://www.bbc.com/news/articles/c77y47248k4o
- HIGHDevdiscoursehttps://www.devdiscourse.com/article/business/3934113-impact-of-middle-east-conflict-on-uks-economy-and-entertainment-sector
- HIGHFirstposthttps://www.firstpost.com/business/uk-gdp-falls-april-second-quarter-slowdown-iran-conflict-energy-prices-britain-economy-14021691.html
- HIGHITV Newshttps://www.itv.com/news/2026-06-12/uk-economy-contracts-for-first-time-since-last-august
- HIGHMarketScreenerhttps://www.marketscreener.com/news/uk-economy-contracts-in-april-flutter-to-leave-lse-ce7f5cd8d180f02c
- HIGHEuronewshttps://www.euronews.com/business/2026/06/12/uk-economy-shrinks-in-april-as-the-iran-war-energy-shock-takes-a-toll