UK set for weak growth and highest inflation in G7, OECD says
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.
UK set to lag peers on growth and suffer ‘sticky’ inflation, says OECD
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.
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.
UK Worst-performing Economy In G7 Next Year: 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 (OECD) on Thursday.
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UK to be slowest-growing G7 economy next year, warns OECD – as it happened
Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025
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
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Crisis in UK farming due to Brexit and flooding ‘risks new rise in inflation’
NFU warns of significant drop in food production by British farmers this year due to post-Brexit policies and extreme weather ...
Inflation in UK shops slows amid price cuts on clothes and shoes
Prices in non-food stores are lower in April than a year earlier as stores offload summer stock ...
The Scottish Farmer1d
UK agricultural inflation has fallen significantly since 2022
Although interest rates have eased, the consumer price index and overall food inflation, along with prices for most commodities, are expected ...
Crowdfund Insider13d
UK Economy May Improve As Outlook for Inflation Remains Broadly Positive But Several Risks May Lead to Setback – Report
Yael Selfin, Chief Economist at KPMG UK, has recently stated that Inflation could soon "return to target, but risks remain." ...
Top UK supermarkets record 97% profits as food inflation and cost of living batters Brits
MPs pointed out that supermarkets enjoyed a 97 percent profits bonanza in a year when food price inflation peaked at 19.1 ...
UK's service sector grows strongest since May 2023
This article discusses ETFs and currency exchange rates, specifically focusing on the performance and market trends related ...
MoneyWeek6d
UK food price inflation rate ‘lowest level in two years’, British Retail Consortium finds
Food price inflation is at its slowest rate since March 2022, according to the BRC. It also found non-food products have gone ...
UK consumers making healthier food choices in 2024 as inflation eases, driven by young people – Savanta
UK consumers are eating and feeling significantly healthier than last year, driven in particular by younger people as food inflation eases, according to new ...
Forbes4d
Interest Rates & Inflation: US Holds Cost Of Borrowing In Face Of Sticky Inflation
UK inflation is currently 4% a year, with the Bank Rate of 5.25% unchanged since last August. There is little expectation of a Bank Rate cut this month, especially given today’s figures from the US.