OECD slashes UK economic forecasts amid global slowdown 

The Organisation for Economic Co-operation and Development (OECD) has cut back the UK’s economic growth forecasts due to stubborn inflation and an escalating trade war.  The OECD’s new interim report scaled back UK growth to 1.4 per cent in 2025 and 1.2 per cent in 2026 – down from previous projections of 1.7 and 1.3 [...]