Budget to knock £20bn off growth, warns Wall Street bank
2 months, 2 weeks ago

Budget to knock £20bn off growth, warns Wall Street bank

The Telegraph  

Rachel Reeves’s plans to raise taxes and spending in the Budget will wipe £20bn of potential growth from Britain’s economy, a Wall Street bank has warned. Here after a period of increasingly expansionary fiscal and tightening monetary policy, material headwinds now loom.” It comes as Ms Reeves’s “gloomy” rhetoric ahead of the Budget was blamed for a downturn in business confidence that led bosses to cut staffing for the first time this year. Chris Williamson, the chief business economist at S&P Global Market Intelligence, said: “Business activity growth has slumped to its lowest for nearly a year in October as gloomy government rhetoric and uncertainty ahead of the Budget has dampened business confidence and spending. “Worryingly, the deterioration in business confidence in the outlook has also prompted companies to reduce headcounts for the first time this year.” PwC warned earlier on Thursday that consumer confidence has fallen to its lowest level so far this year in the run up to the Budget.

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History of this topic

UK economy faces threat of ‘stagflation’ after bumpy 2024
1 week, 4 days ago

UK economy faces threat of ‘stagflation’ after bumpy 2024

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. With the economy stalling, the watchword for 2025 is …

PM demands ‘concrete proposals’ on growth from regulators
1 week, 6 days ago

PM demands ‘concrete proposals’ on growth from regulators

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. In letters sent last week, Sir Keir Starmer, Chancellor …

Reeves spending review ‘to be next big challenge’ as growth flatlines
2 weeks, 1 day ago

Reeves spending review ‘to be next big challenge’ as growth flatlines

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “She’s not given herself huge wiggle room against her fiscal targets and the spending plans …

How long will Rachel Reeves last? Labour gloom has put Britain on brink of recession, says MAGGIE PAGANO
Trending News
2 weeks, 4 days ago

How long will Rachel Reeves last? Labour gloom has put Britain on brink of recession, says MAGGIE PAGANO

Daily Mail  

Britain is on the brink of recession. What’s more, living standards may be revised lower still as officials update the net migration numbers next month. If that’s not bleak enough, recruiters warn the UK is already in a ‘hiring recession’, while the Confederation of British Industry says we are facing ‘the worst of all worlds’ with companies reducing output, cutting …

Starmer and Reeves must be clear about the sacrifices needed to achieve econmic growth
2 weeks, 4 days ago

Starmer and Reeves must be clear about the sacrifices needed to achieve econmic growth

The Independent  

No amount of political tinsel or rhetorical baubles can disguise the grim reality that the British economy is flatlining. Equally plainly, the downbeat mood struck by Labour ministers following the general election, with their talk of a crisis in the public finances, cannot have helped matters; and if the latest surveys are anything to go by, Ms Reeves’s Budget measures …

British economy heading for ‘worst of all worlds’, business leaders warn over Labour Budget
2 weeks, 5 days ago

British economy heading for ‘worst of all worlds’, business leaders warn over Labour Budget

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. “As we head into 2025, firms are looking to the government to boost confidence and …

How long will the shadow of Reeves’ Budget hang over Britain’s gloomy economy?
3 weeks ago

How long will the shadow of Reeves’ Budget hang over Britain’s gloomy economy?

The Independent  

Fun fact: the OECD still predicts that Britain’s economy will be one of the stars of the G7 during 2025 with growth of 1.7 per cent, lagging only behind the US at 2.4 per cent. Labour’s tax-raising budget, and particularly the decision to raise £24bn by hiking employer national insurance contributions looms large over UK plc. The Bank of England’s …

Rachel Reeves is accused of killing growth as Bank of England warns UK economy is grinding to halt after her anti-business Budget
3 weeks, 1 day ago

Rachel Reeves is accused of killing growth as Bank of England warns UK economy is grinding to halt after her anti-business Budget

Daily Mail  

Rachel Reeves was yesterday accused of killing growth as the Bank of England warned the economy is grinding to halt in the wake of her anti-business Budget. Shadow business secretary Andrew Griffith said: ‘Today’s growth downgrade from the Bank of England follows warnings from almost every business group and forecaster. Not a surprise that the financial markets are pushing up …

UK economy shrinks again in another blow to Reeves, new figures show
4 weeks, 1 day ago

UK economy shrinks again in another blow to Reeves, new figures show

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Rachel Reeves said the figures were disappointing “We are determined to deliver economic growth as …

UK interest rates ‘to fall more slowly’ after tax rises and spending hikes in Rachel Reeves’ Budget
1 month, 1 week ago

UK interest rates ‘to fall more slowly’ after tax rises and spending hikes in Rachel Reeves’ Budget

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy UK interest rates will fall more slowly than expected following the …

Labour tax U-turn? Rachel Reeves refuses to rule out more rises despite CBI pledge
1 month, 1 week ago

Labour tax U-turn? Rachel Reeves refuses to rule out more rises despite CBI pledge

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Rachel Reeves refused to rule out more tax rises As MPs voted through the controversial …

Businesses in UK say budget will stifle growth
1 month, 2 weeks ago

Businesses in UK say budget will stifle growth

China Daily  

A video grab from footage broadcast by the UK Parliament's Parliamentary Recording Unit shows Britain's Prime Minister Keir Starmer listening as Britain's Chancellor of the Exchequer Rachel Reeves delivers her Autumn budget statement in the House of Commons in London, October 30, 2024. After surveying its member businesses, the CBI said tax rises contained in the budget mean companies now …

British businesses say budget stifling growth
1 month, 2 weeks ago

British businesses say budget stifling growth

China Daily  

By EARLE GALE in London | China Daily Global | Updated: 2024-11-26 11:01 Britain's Prime Minister Keir Starmer and Chancellor of the Exchequer Rachel Reeves, host an investment roundtable discussion with members of the BlackRock executive board at 10 Downing Street in London, Britain, Nov 21, 2024. After surveying its 190,000 member-businesses, the organization, which is also known as the …

British businesses say budget stifling growth
1 month, 2 weeks ago

British businesses say budget stifling growth

China Daily  

Britain's Prime Minister Keir Starmer and Chancellor of the Exchequer Rachel Reeves, host an investment roundtable discussion with members of the BlackRock executive board at 10 Downing Street in London, Britain, Nov 21, 2024. After surveying its 190,000 member-businesses, the organization, which is also known as the CBI, said tax rises contained in the budget mean companies now expect to …

It’s time Britain got real – the only way is Europe
1 month, 3 weeks ago

It’s time Britain got real – the only way is Europe

The Independent  

The chancellor’s response to the latest miserable economic growth figures was peevish to the point of bizarre. Sounding like a mum who’s been told her children have just flunked their mock exams, this trained economist declared: “I am not satisfied with these numbers.” If a chancellor’s mere disfavour was sufficient to boost growth, then all our problems would soon be …

UK economy under Labour stalls - what that means for you and your money
1 month, 3 weeks ago

UK economy under Labour stalls - what that means for you and your money

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chancellor Rachel Reeves has said …

UK Treasury chief says she’s not satisfied by paltry third-quarter economic growth
1 month, 3 weeks ago

UK Treasury chief says she’s not satisfied by paltry third-quarter economic growth

Associated Press  

LONDON — Britain’s Treasury chief Rachel Reeves said Friday that she is “not satisfied” by official figures showing the British economy’s rebound from recession slowed down sharply in the third quarter of the year, as the country’s top central banker voiced his concerns about the economic damage wrought by the U.K.'s departure from the European Union. The Conservatives’ Treasury spokesperson, …

Rachel Reeves driving up prices with tax and spend Budget, warns Bank of England
2 months ago

Rachel Reeves driving up prices with tax and spend Budget, warns Bank of England

The Telegraph  

In his first assessment of the Chancellor’s maiden Budget, Governor Andrew Bailey said a “substantial” increase in public spending and tax changes that “clearly raise the cost of employment” will drive prices higher over the next three years. It came as shares on Wall Street continued to scale record highs amid expectations of a fresh wave of tax cuts and …

Rachel Reeves plots pensions industry 'big bang' for investment as she scrambles to stop Budget squeezing growth... while poll finds four in 10 Brits believe high-tax package WILL hit their pockets
2 months, 1 week ago

Rachel Reeves plots pensions industry 'big bang' for investment as she scrambles to stop Budget squeezing growth... while poll finds four in 10 Brits believe high-tax package WILL hit their pockets

Daily Mail  

Rachel Reeves has signalled a pension industry 'big bang' to free up billions for Labour's infrastructure splurge. Rachel Reeves has signalled a pension industry 'big bang' to free up billions for Labour 's infrastructure splurge Your browser does not support iframes. 'In a couple of weeks' time I will deliver my first Mansion House speech setting out my ambitions for …

Reeves insists Labour will secure growth as she defends Budget choices
2 months, 1 week ago

Reeves insists Labour will secure growth as she defends Budget choices

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rachel Reeves has defended her …

Financial market worries over the UK budget appear to ease
2 months, 1 week ago

Financial market worries over the UK budget appear to ease

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Voters slam Labour's tax and spend Budget: Only a fifth of Brits think Rachel Reeves' blueprint will boost the economy and half oppose Chancellor squeezing firms to fill Treasury coffers
2 months, 1 week ago

Voters slam Labour's tax and spend Budget: Only a fifth of Brits think Rachel Reeves' blueprint will boost the economy and half oppose Chancellor squeezing firms to fill Treasury coffers

Daily Mail  

Only a fifth of voters believe Labour's tax and spend Budget will improve the UK economy, a new poll revealed today as Rachel Reeves continued to feel the heat. It came as the Chancellor and her Treasury team faced pressure and market jitters over a Budget that will raise £40billion through new taxes towards increased state spending of almost £70 …

Chancellor seeks to calm markets amid jitters after Budget borrowing spree
2 months, 1 week ago

Chancellor seeks to calm markets amid jitters after Budget borrowing spree

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Chancellor Rachel Reeves is seeking …

Martin Lewis blasts Rachel Reeves for not coming on his ITV Money Show as he tears apart Autumn Budget in a brutal rant
2 months, 1 week ago

Martin Lewis blasts Rachel Reeves for not coming on his ITV Money Show as he tears apart Autumn Budget in a brutal rant

Daily Mail  

Martin Lewis publicly blasted the Chancellor for not appearing on his popular ITV show yesterday and said she had 'missed the chance to give her interpretation' on the Autumn Budget. Martin Lewis publicly blasted the Chancellor for not appearing on his popular ITV show yesterday and said she had 'missed the chance to give her interpretation' In a package that …

Britain faces years of ‘muted’ growth after Reeves’ Budget, warns Moody’s
2 months, 1 week ago

Britain faces years of ‘muted’ growth after Reeves’ Budget, warns Moody’s

The Telegraph  

Britain faces years of “muted” growth and higher borrowing costs after Rachel Reeves’ maiden Budget, Moody’s has warned. Moody’s also warned that higher spending on infrastructure would only boost growth if ministers successfully tackled issues that have dogged the UK economy for years, such as the worklessness crisis and long planning delays. “We expect growth in our baseline to remain …

Budget 2024: The chart that reveals the Budget’s real winners – and who will be hit hardest
2 months, 1 week ago

Budget 2024: The chart that reveals the Budget’s real winners – and who will be hit hardest

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery According to the Office for …

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns
2 months, 1 week ago

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Johnson said: “The growth forecasts are pretty awful, there …

Brits will end up being paid less after Labour's Budget, admits Rachel Reeves as she refuses to rule out MORE tax hikes and economists warn growth will be crushed record burden
2 months, 1 week ago

Brits will end up being paid less after Labour's Budget, admits Rachel Reeves as she refuses to rule out MORE tax hikes and economists warn growth will be crushed record burden

Daily Mail  

This video is no longer available This video is no longer available Rachel Reeves admitted Brits will see lower wages as a result of her Budget mega-raid today - amid warnings she will be back for more. Rachel Reeves on a visit to a hospital in Coventry with Keir Starmer today after delivering her Budget The OBR said the Budget …

Rachel Reeves Unveils Massive Tax Hikes in Historic Budget Speech
2 months, 1 week ago

Rachel Reeves Unveils Massive Tax Hikes in Historic Budget Speech

China Daily  

British Chancellor Rachel Reeves presented her first budget speech to Parliament, outlining the government's fiscal plan and steps to achieve economic stability. The speech included tax rises of 40 billion pounds, a record figure for modern times, along with spending increases in healthcare, housing, and education. Reeves also announced a review of the independent economic forecast unit, the OBR, and …

Rachel Reeves Unveils Bold Fiscal Plan: A Manifesto for Britain's Future
2 months, 1 week ago

Rachel Reeves Unveils Bold Fiscal Plan: A Manifesto for Britain's Future

China Daily  

Rachel Reeves, the British government's finance minister, unveiled her fiscal plan, outlining tax rises and spending increases to restore economic stability and turn the page on the Conservative Party's rule. The plan includes a 40 billion-pound tax rise, a record figure for modern times, along with spending increases in healthcare, housing, and education.

Martin Lewis gives his reaction to the budget: From hiking employers' National Insurance to inheritance tax on pensions, the money saving expert's verdict on Rachel Reeves' £40billion tax raid
2 months, 1 week ago

Martin Lewis gives his reaction to the budget: From hiking employers' National Insurance to inheritance tax on pensions, the money saving expert's verdict on Rachel Reeves' £40billion tax raid

Daily Mail  

Martin Lewis has given a definitive run down on Rachel Reeves' Budget, as he warned that 'someone will have to pay' for Labour's new policies. Feel free to share pic.twitter.com/ewDye8xn2S — Martin Lewis October 30, 2024 Mr Lewis, the founder of MoneySavingExpert.com, asked how the businesses will pay for a £615 surge per employee 'For the employers who pay it, …

So much for a Budget for growth! This is a return to big government - high tax, high spend, high borrowing. And you didn't read that in Labour's manifesto: Analysis by JASON GROVES
2 months, 1 week ago

So much for a Budget for growth! This is a return to big government - high tax, high spend, high borrowing. And you didn't read that in Labour's manifesto: Analysis by JASON GROVES

Daily Mail  

So much for a Budget for growth. Despite Rachel Reeves committing to a staggering £400billion of extra spending over the next five years, Britain’s economic watchdog today predicted that economic growth will actually be lower than forecast at the last Tory Budget in March. Britain’s economic watchdog today predicted that economic growth will actually be lower than forecast at the …

UK economic growth upgraded this year amid ‘temporary boost’ from spending
2 months, 1 week ago

UK economic growth upgraded this year amid ‘temporary boost’ from spending

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK economy is set …

At a glance: How will the 2024 Autumn Budget affect me?
2 months, 1 week ago

At a glance: How will the 2024 Autumn Budget affect me?

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ /verifyErrors }} Rachel Reeves announced …

What the Autumn Budget 2024 means for you: How Rachel Reeves' £40bn tax rises will hit
2 months, 1 week ago

What the Autumn Budget 2024 means for you: How Rachel Reeves' £40bn tax rises will hit

Daily Mail  

Chancellor Rachel Reeves has revealed £40billion worth of tax hikes and a surge in government borrowing in a highly anticipated Autumn Budget. > Full list of benefit rises announced in the Budget > What the capital gains tax hike means for you: How small investors will be hit > No Budget boost for first-time buyers - five months to avoid …

Autumn budget 2024 predictions: 8 key things to watch out for in Rachel Reeves’s statement
2 months, 1 week ago

Autumn budget 2024 predictions: 8 key things to watch out for in Rachel Reeves’s statement

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Rachel Reeves is set to unveil Labour’s first Budget in a …

Budget 2024 costing: How could Labour find £40bn in tax rises and spending cuts?
2 months, 1 week ago

Budget 2024 costing: How could Labour find £40bn in tax rises and spending cuts?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. The party’s gloomy messaging has set the stage for a …

Millions of working people will suffer from Reeves’s first Budget, warns OBR
2 months, 1 week ago

Millions of working people will suffer from Reeves’s first Budget, warns OBR

The Telegraph  

Millions of working people will suffer from Rachel Reeves’ Budget tax raid, the Government’s fiscal watchdog has warned. Workers will pay for 80pc of the Chancellor’s increase in employer National Insurance in the long term through lost wage increases and lower income, according to the Office for Budget Responsibility. Homeowners also face hundreds of pounds more in mortgage bills, with …

The charts that show why Reeves has condemned Britain to a low-growth future
2 months, 1 week ago

The charts that show why Reeves has condemned Britain to a low-growth future

The Telegraph  

Ms Reeves’s decision to ramp up employers’ National Insurance will not help, as it imposes costs on businesses – which will be less likely to hire workers as a result – and on staff, who can expect smaller wage increases as a result of the policy. The OBR said higher pay growth in the near term would be followed by …

Britain facing biggest tax rise in G7 even before Reeves’s Budget
2 months, 2 weeks ago

Britain facing biggest tax rise in G7 even before Reeves’s Budget

The Telegraph  

The IMF warned that UK debt was on course to keep climbing until the end of the decade, putting it on an unsustainable path. Its chief economist warned this week that rising debt could leave the UK at the “mercy of market pressures” in the absence of a plan to drive it down. The IMF’s latest projections show “general government …

Public sector pay rises hand Reeves a £6.7bn headache ahead of Budget
2 months, 2 weeks ago

Public sector pay rises hand Reeves a £6.7bn headache ahead of Budget

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

How Britain became addicted to spending
2 months, 2 weeks ago

How Britain became addicted to spending

The Telegraph  

Following the Government’s frequent warnings about the dire state of public finances, as well as the “worst economic inheritance since the Second World War”, households are fully primed for a series of tax raids in next week’s Budget. However, despite the Chancellor’s drastic need for cash, what might surprise voters is that tax revenues flowing into the Treasury are already …

Reeves tax raid risks £84bn black hole in public finances, say Truss-backed economists
2 months, 3 weeks ago

Reeves tax raid risks £84bn black hole in public finances, say Truss-backed economists

The Telegraph  

Rachel Reeves has been warned that an aggressive Budget tax raid risks opening up a £84bn “black hole” in the public finances by crippling economic growth. Analysis by the Growth Commission, an economic advisory group set up by Liz Truss, the former prime minister, suggests mooted tax rises in their most extreme form could knock 8.8pc off GDP growth per …

UK banks to shed light on consumer confidence as cheaper mortgages hit market
2 months, 3 weeks ago

UK banks to shed light on consumer confidence as cheaper mortgages hit market

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Some of the UK’s biggest …

Businesses, motorists and pension savers brace for Budget bombshell amid fears Rachel Reeves is plotting biggest EVER tax-raising package
2 months, 3 weeks ago

Businesses, motorists and pension savers brace for Budget bombshell amid fears Rachel Reeves is plotting biggest EVER tax-raising package

Daily Mail  

Businesses, motorists and pension savers are braced for pain today amid fears Rachel Reeves could deliver one of the biggest ever tax-raising Budgets in a fortnight. Chancellor Rachel Reeves is preparing to unveil an eye-watering £40billion of tax hikes and spending cuts on October 30 Ms Reeves told the meeting that plans to fill what she has branded a '£22billion …

Reeves eyes up to £40bn in tax rises and spending cuts in Budget
2 months, 3 weeks ago

Reeves eyes up to £40bn in tax rises and spending cuts in Budget

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Institute for Fiscal Studies chief Paul Johnson said that …

Tax rises inevitable as Budget black hole set to persist, says think tank
2 months, 3 weeks ago

Tax rises inevitable as Budget black hole set to persist, says think tank

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Most of the £22 billion budget gap identified by the …

Rachel Reeves' '£25bn tax bomb': IFS warns Chancellor needs massive raid in Budget to balance books after public sector pay splurge - with NICs, pension pots and inheritance under threat
3 months ago

Rachel Reeves' '£25bn tax bomb': IFS warns Chancellor needs massive raid in Budget to balance books after public sector pay splurge - with NICs, pension pots and inheritance under threat

Daily Mail  

Rachel Reeves needs a £25billion tax bomb to meet pledges and balance the books after her public sector pay splurge, a grim report warned today. Rachel Reeves needs a £25billion tax bomb to meet pledges and balance the books after her public sector pay splurge, a grim report warned today The grim assessment comes from the respected IFS think-tank as …

OECD optimistic about UK's economy
3 months, 2 weeks ago

OECD optimistic about UK's economy

China Daily  

Buses cross Waterloo Bridge with the City of London financial district seen behind, in London, Britain, March 5, 2024. In an optimistic assessment likely to please the UK's new Labour Party government, the Paris-based organization said it expects the UK economy to be the joint-second fastest-growing among G7 nations. In its latest twice-yearly global economic outlook, the OECD predicted the …

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