UK growth forecast to slow sharply as Trump tariffs push confidence to record low

News Snapshot:

The UK economy is set to slow sharply for the next two years as Donald Trump’s global tariff war weighs on consumer spending and business investment, a study by a leading forecaster has predicted. The findings by EY Item Club, which is sponsored by the big four accountancy firm EY, come as a separate survey reported that confidence in Britain’s economy has fallen to the lowest level on record. The latest poll by Ipsos Mori, which has been tracking net economic optimism in Britain since 1978, found that three-quarters of Britons expect the economy to get worse over the next...