12 Days
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وكالة الانباء الاردنية
UK economy shrinks 0.1% in April
The British economy contracted by 0.1% in April 2026, influenced by rising energy prices resulting from the closure of the Strait of Hormuz, leading to a slowdown after a strong performance in the first quarter. There were concerns about the possibility of an economic contraction in the second quarter, although the Finance Minister assured that the kingdom was in a strong position prior to the Middle East conflict and that the war would mainly affect the economy internally.
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