Published 17 days ago

UK set for weak growth and highest inflation in G7, OECD says

The OECD has lowered UK growth projections for 2024 and 2025, predicting the country will have the weakest growth in the G7 economies next year.
The UK's GDP is forecasted to grow by 0.4% in 2024 and 1% in 2025, with the economy expected to remain sluggish.
Despite challenges, the UK may not be the worst performer in terms of inflation among the G20 nations.

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BBC News

UK growth set to be slowest of richest nations in 2025, says OECD

The UK economy will remain “sluggish” due to the impact of interest rate rises, the OECD says.

17 days ago·United Kingdom

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The Guardian

UK economic outlook has worsened, warns OECD

Global forecast contrasts with downbeat assessment for a British economy constrained by high interest rates, price rises and staff shortagesThe UK’s economic outlook has worsened this year as high interest rates and the lingering effects of last year’s surge in inflation take a bigger toll on growth than previously expected, according to the Organisation for Economic Cooperation and Development (OECD).In a downbeat assessment of the potential fo…

17 days ago·London, United Kingdom

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The Independent

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.

17 days ago·London, United Kingdom

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Reuters

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.

17 days ago·United Kingdom

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CNBC

UK to suffer slowest growth of all rich nations next year, OECD says

The U.K.'s "sluggish" growth prospects have put it on course to be the worst-performing economy of all advanced nations next year, according to the OECD.

17 days ago·United States

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