Britain's economy will grow slower this year and next than thought only a few months ago and it will suffer higher inflation ...
Britain will suffer some of the lowest rates of economic growth and highest inflation among Group of Seven countries this ...
Global forecast contrasts with downbeat assessment for a British economy constrained by high interest rates, price rises and ...
Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...
The UK will face "sluggish" growth as the impact of the Bank of England's interest rate hikes continues to weigh, the OECD ...
The UK will be the worst-performing economy among the G7 next year because of lingering inflation and stubbornly high interest rates, said the Organisation for Economic Cooperation and Development ...
The UK is on course for “sluggish” growth that will lag most of its G7 peers, alongside a higher rate of inflation, according to a downbeat economic prognosis ahead of Thursday’s local elections.
Former Bank of England Governor Lord Mervyn King has criticised “groupthink” at the central bank for fuelling the inflation ...
The Organisation for Economic Co-operation and Development (OECD), downgraded its forecast for UK growth from 0.7 per cent to ...
In 2025, it projects that the UK will grow by 1 per cent – the weakest performance in the G7. By comparison, the US economy ...
The UK economy will see the slowest growth of the largest developed nations next year, according to forecasts. The ...
Inflation rates on both sides of the Atlantic are proving to be stickier in 2024 than many central bankers expected. Interest rate cuts are off the table for now amid wider economic concerns.