December 4, 2022

UK’s progress prospects worst amongst prime economies, OECD

UKs growth prospects worst among top economies OECD

UKs growth prospects worst among top economies OECD

The UK’s financial system is about to be the worst performer within the G20 bar Russia over the subsequent two years, the OECD stated on Tuesday because it warned that international locations should proceed to make combating inflation their prime precedence.

The OECD stated in its newest financial forecasts that UK GDP would fall by 0.4 per cent in 2023 and rise by a mere 0.2 per cent in 2024.

The Paris-based organisation additionally hit out on the UK authorities’s pledge to carry common family power payments at £2,500 till April,…

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