UK Chancellor of the Exchequer Rachel Reeves risks a confrontation with the head of the government’s fiscal watchdog over plans to scrap her annual spring forecast.
The UK is forecast to see the highest rate of inflation of the G7 advanced economies this year, according to an influential global policy group. The Organization for Economic Co-operation and ...
Exclusive: Budget watchdog is set to downgrade a key economic performance indicator for the UK in a move that could drive tax hikes – as chancellor tries to shift blame on to Tories ...
Britain will be the fastest-growing Group of Seven economy bar the US this year, while still struggling to get a handle on its inflation problem, according to the Organisation for Economic Cooperation ...
Experts at the accounting and financial services giant have said that UK gross domestic product is now on track to grow by 1.3% in 2025.
Rachel Reeves has said official forecasts for the British economy should be published just once a year, rather than twice, to give the Government greater flexibility on fiscal policy.
The OECD said the UK will also experience the highest level of inflation among the G7 group of advanced economies this year.
Chancellor Rachel Reeves said the OECD's figures on growth show the UK economy is “stronger than forecast” despite concerns raised ...