UK economic growth forecast revised down by OECD

Summarised from 2 outlets · Updated 23 Sept, 10:04 · Archive

The OECD has lowered its forecast for UK economic growth next year to one per cent.

The Organisation for Economic Co-operation and Development predicts the UK economy will grow by one per cent in 2027, down from previous expectations. The organisation attributes the slowdown to higher energy prices resulting from Middle East conflict and climate change.

How it is being reported

• UK economy will grow by less than expected next year, OECD saysHigher energy prices due to the conflict in the Middle East and climate change could hit growth.BBC News · 23 Sept, 09:05
• UK growth set to slow in 2027, OECD saysThe UK economy will grow slower than expected next year as the effects of a long Iran war drag on activity, the world’s leading economic forecaster has said. The Organisation for Economic Co-operation and Development (OECD) predicted that the UK economy would grow by just one per cent next year, marginally down from a previous [...]City AM · 23 Sept, 09:00

In this story: UK · OECD · Iran · Middle East

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