GDP falls by 0.3% month on month as consumers rein in spending amid inflation and soaring energy bills
The UK economy unexpectedly shrank in April as the cost of living crisis bites, according to official figures.
The Office for National Statistics said gross domestic product (GDP) fell by 0.3% on the month, coming after a 0.1% decline in March as consumers reined in their spending amid soaring household energy bills.
