Welcome to the Money Distilled newsletter, an award-winning publication. I’m John Stepek. Each weekday, I analyze major developments in markets and economics to clarify their impact on your finances. This morning, the UK GDP data for April was released, revealing a disappointing decline of 0.3%. Analysts polled by Bloomberg had anticipated a smaller drop of 0.1%. The figures highlight ongoing challenges within the UK economy as it grapples with stagnation and uncertainty.
— new from Bloomberg
