Dhaka, June 13 -- Britain's economy shrank more than expected in April, official data showed Thursday, in the first month of the Labour government's business tax hike and US President Donald Trump's reciprocal tariffs onslaught.Gross domestic product contracted 0.3 percent in the month, compared to 0.2 percent growth in March, the Office for National Statistics said in a statement.That falls below the 0.1 percent contraction expected by economists.The government on Wednesday laid out its priorities for the coming years, injecting the ailing National Health Service with billions of pounds and pumping funds into defence and housing, while making cuts to other departments.Finance minister Rachel Reeves has hoped that spending and investment ...
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