{"id":377060,"date":"2025-05-02T12:14:20","date_gmt":"2025-05-02T10:14:20","guid":{"rendered":"https:\/\/climatescience.press\/?p=377060"},"modified":"2025-05-02T12:14:22","modified_gmt":"2025-05-02T10:14:22","slug":"claim-trump-tariffs-to-blame-for-the-uk-economic-slump-not-climate-policy","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=377060","title":{"rendered":"Claim: Trump Tariffs to Blame for the UK Economic Slump (Not Climate Policy)"},"content":{"rendered":"\n
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From Watts Up With That?<\/a><\/p>\n\n\n\n

Essay by\u00a0<\/strong>Eric Worrall<\/a><\/p>\n\n\n\n

Nothing to do with Mad Miliband\u2019s green energy policies.<\/p>\n\n\n\n

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UK growth forecast to slow sharply as Trump tariffs push confidence to record low<\/strong><\/p>\n\n\n\n

EY Item Club predicts GDP of only 0.8% this year as Ipsos poll shows three-quarters of Britons expect economy to get worse<\/p>\n<\/blockquote>\n\n\n\n

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Mark Sweney<\/a> Mon 28 Apr 2025 09.01 AEST<\/p>\n\n\n\n

The UK economy is set to slow sharply for the next two years as Donald Trump\u2019s global tariff war weighs on consumer spending and business investment, a study by a leading forecaster has predicted.<\/p>\n\n\n\n

The findings by EY<\/a> Item Club, which is sponsored by the big four accountancy firm EY, come as a separate survey reported that confidence in Britain\u2019s economy has fallen to the lowest level on record.<\/p>\n\n\n\n

The latest poll by Ipsos, 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 year. Just 7% of Britons think the economy will improve, while 13% thought it would stay the same, equating to a net score of -68.<\/p>\n\n\n\n

EY\u2019s forecast said it now expects UK gross domestic product (GDP) to grow by 0.8% this year, down from a projection of 1% in February, and has cut its 2026 forecast from 1.6% to 0.9% as longer-term effects hit the UK.<\/p>\n\n\n\n

\u2026Read more:\u00a0<\/p>\n\n\n\n

https:\/\/www.theguardian.com\/business\/2025\/apr\/28\/uk-growth-forecast-to-slow-sharply-as-trump-tariffs-push-confidence-to-record-low<\/a><\/p>\n<\/blockquote>\n\n\n\n

Back in the real world, Britain\u2019s extreme green energy policies were doing harm well before President Trump won the election and threatened Britain with reciprocal tariffs.<\/p>\n\n\n\n

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A Closer Look at the UK’s Energy Predicament<\/a><\/blockquote>