The UK is set to be among the G7 nations with the slowest growth this year and next, according to the OECD's latest forecasts. GDP is expected to 'remain sluggish' at 0.4 per cent in 2024 before ...

The United Kingdom GDP growth is projected to remain sluggish at 0.4% in 2024 ... Retail sales volumes show signs of stabilization after a three-year long decline, with a modest increase of 0.8% in ...

Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...

The report said in 2025 GDP will rise by 1 per cent ... that last month the IMF (International Monetary Fund) predicted the UK will grow faster over the next six years than any European G7 country or ...

Global gross domestic product (GDP) is expected to grow by 3.1% this year, unchanged from 2023. However, the UK’s economy is expected to grow at a much slower rate after interest rate rises in order ...

Global GDP is projected to grow by 3.1% this year, unchanged from 2023. However, the UK's economy is expected to grow at a much slower pace following interest rate hikes aimed at curbing inflation.

The UK will be the worst-performing economy in the G7 next year, according to the Organisation for Economic Cooperation and Development, as high interest rates and the lingering effects of last year’s ...

The Organisation for Economic Co-operation and Development (OECD) has downgraded its UK growth projections for 2024 and 2025, indicating it will witness the weakest growth across the G7 group of major ...

Recent analysis by Lloyds Bank suggests that the UK economy likely emerged from recession at the start of this year, with growth gaining momentum across several key sectors.

Ironing out volatility, GDP in Scotland is estimated to have grown by 0.4 per cent in the three months to February.

China’s GDP grew 5.3 per cent year-on-year in the first quarter of this year, the National Bureau of Statistics said. Sheng Laiyun, deputy head of the bureau, said that strong performance was led by a ...