Interest rates forecast to be higher for longer due to BudgetInterest rates in the UK will fall gradually due to the November Budget, which supports short-term economic growth but impacts borrowing costs.
UK economy to grow faster than Japan, Italy and Germany this year, says OECDThe OECD upgraded the UK's economic growth forecast, indicating a recovery pace faster than several G7 nations despite ongoing inflation challenges.
UK economic outlook has worsened, warns OECDUK's economic growth forecast downgraded by OECD from 0.7% to 0.4% in 2024 due to high interest rates and inflation effects.
Interest rates forecast to be higher for longer due to BudgetInterest rates in the UK will fall gradually due to the November Budget, which supports short-term economic growth but impacts borrowing costs.
UK economy to grow faster than Japan, Italy and Germany this year, says OECDThe OECD upgraded the UK's economic growth forecast, indicating a recovery pace faster than several G7 nations despite ongoing inflation challenges.
UK economic outlook has worsened, warns OECDUK's economic growth forecast downgraded by OECD from 0.7% to 0.4% in 2024 due to high interest rates and inflation effects.