Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...
The Organisation for Economic Co-operation and Development (OECD), downgraded its forecast for UK growth from 0.7 per cent to ...
Global forecast contrasts with downbeat assessment for a British economy constrained by high interest rates, price rises and ...
The OECD anticipates inflation will be "elevated" at 3.3% in 2024 and 2.5% in 2025 - above the Bank of England's 2% target.
It also predicts the Bank of England's Monetary Policy Committee (MPC) will start cutting interest rates – which currently ...
Some banks are unable to quantify their exposure to private equity, the Bank of England has found, in the latest warning that ...
The Organisation for Economic Co-operation and Development (OECD) has downgraded its UK growth projections for 2024 and 2025, ...
The Met Office has also said Thursday could be the warmest day of the year so far after warnings for heavy rain and thunder ...
The Bank of England should be wary of cutting rates too soon after years of above-target inflation, a senior policymaker has ...
“But now we are winning that war, growth matters which is why it is significant that last month the IMF predicted the UK will ...
Britain's economy will grow slower this year and next than thought only a few months ago and it will suffer higher inflation ...
FORECASTERS have warned Brits to brace for heavy rain and thunderstorms today. The mercury will hit as high as 19C today – ...