UK to be slowest-growing G7 economy next year, warns OECD – business live
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UK economy set for ‘sluggish’ growth over next two years as OECD warns forecasts will be missed
The Organisation for Economic Co-operation and Development (OECD), downgraded its forecast for UK growth from 0.7 per cent to 0.4 per cent
UK set for weak growth and highest inflation in G7, OECD says
Britain will suffer some of the lowest rates of economic growth and highest inflation among Group of Seven countries this year and next, forecasts from the Organisation of Economic Co-operation and Development suggested on Thursday.
OECD Puts Britain at Bottom of G-7 Growth League Next Year
Britain will grow more slowly next year than any other major advanced economy as stealth taxes and high interest rates squeeze the economy, the latest forecasts from the Organisation for Economic Cooperation and Development show.
Britain's growth prospects downgraded in OECD report
The OECD expects 'sluggish' performance from the UK in 2024 and 2025 - with the country performing worse than any other G7 member next year.
OECD cuts UK growth forecast and warns of higher inflation than peers
Britain's economy will grow slower this year and next than thought only a few months ago and it will suffer higher inflation than its peers, forecasts from the Organisation for Economic Co-operation and Development showed on Thursday.
Britain on course to be slowest-growing country in the G7, warns OECD
High taxes and interest rates will make Britain the slowest-growing economy in the G7 next year, the Organisation for Economic Co-Operation and Development (OECD) has predicted. Economists at the Paris-based group on Thursday downgraded the outlook for Britain,
UK economic growth downgraded for next two years – OECD
The UK economy grew by 0.1% last year and is expected to see growth improve to 0.4% this year, although this is below the 0.7% previously predicted.
Lenders flying blind on private equity risk, Bank of England warns
Some banks are unable to quantify their exposure to private equity, the Bank of England has found, in the latest warning that ...
The Mirror1d
UK weather: More rain and thunder to hit today as Met Office warns of 'unsettled' Bank Holiday
Brits are set to be battered by heavy showers today as the Met Office warns ... England. Warmer weather conditions will ...
Bank of England: Interest rate cuts should ‘still be way off’, MPC member Greene warns
Greene argued that the UK was actually more at risk of persistent inflation than the US because it has "much more constraint" ...
Bank of England policymaker warns against cutting rates too soon
The Bank of England should be wary of cutting rates too soon after years of above-target inflation, a senior policymaker has ...
Daily Mail on MSN2d
Blow for Brits as OECD downgrades UK's economic growth forecast for this year and warns country could be the worst performer in the G7 next year… while US rate cut …
It also predicts the Bank of England's Monetary Policy Committee (MPC) will start cutting interest rates – which ...
Bloomberg L.P.11d
BOE’s Haskel Warns of Slow Loosening in UK’s Labor Market
Bank of England rate-setter Jonathan Haskel warned that the “very ... he said that the vacancies to unemployment ratio is ...
Drivers to face enormous 35-mile diversion ahead of Bank Holiday Weekend as potholes cause road closure
DRIVERS are set to be faced with a huge 35-mile diversion route on a major road ahead of Bank Holiday weekend. Pesky potholes ...
Rate cuts are still a ‘way off’, warns Bank’s chief economist
Huw Pill says inflationary pressures need to be eradicated amid signs of possible splits on monetary policy committee ...
Daily Mail13d
Bank of England: BofE
The Office for National Statistics (ONS) has compiled figures for each council area in England and Wales which shows how exposed homeowners and renters are to rising costs. The data shows London ...
Met Office warns of 'thundery rain' for Coventry as mini-heatwave hits UK
Coventry and Warwickshire are facing some miserable weather, the Met Office forecasts - but it will soon heat up ...