UK economy shrinks by 0.3 % in April

The UK economy shrank again in April as businesses felt the impact of price rises and the NHS COVID Test and Trace operation was wound down. Official figures showed that the economy contracted by 0.3 per cent in April after it shrank by 0.1 per cent  the month before. The economy's performance in April was weaker than expected, with most analysts having predicted growth of 0.1 per cent. Since January 2021, April was the first time when all the main sectors of the economy - services, man...