UK growth outlook downgraded by leading economic forecasters in latest blow to Chancellor Rachel Reeves | Money News

UK growth outlook downgraded by leading economic forecasters in latest blow to Chancellor Rachel Reeves | Money News

The UK economy is forecast to improve more slowly than previously predicted after stagnant growth late last year. The EY ITEM Club expects UK gross domestic product (GDP) to grow by 1% in 2025, down from a previous estimate of 1.5%. The economic forecaster is the latest influential group to cut its predictions amid continued…

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