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2025 › June › 03
OECD
13 months ago
The OECD called for the Chancellor to target tax loopholes and even highlighted council tax re-evaluation as a potential way to raise revenue.
Reeves warned on budget rules as OECD urges UK to boost tax revenues ○
Growth forecast for 2026 cut to 1% from 1.2% as Britain ‘faces substantial downside risks to growth’
The US is heading for a sharp economic downturn, influential global organization warns ○
Donald Trump's aggressive trade policies has sent the global economy into a downturn, the OECD warned in a major report on Tuesday.
UK growth to be reined in by public finance squeeze, OECD warns ○
The U.K.'s economic growth is expected to stay modest while the country's public finances remain squeezed, the OECD said Tuesday.
Bank of England chief warns interest rate cuts now 'more uncertain' as OECD downgrades growth forecasts and says inflation will 'linger' ○
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Andrew Bailey said the prospects for easing the burden on Brits was 'shrouded in a lot more uncertainty', largely due to Donald Trump 's trade war.
Trump tariffs will hurt global growth, OECD warns ○
The influential policy group lowers its forecast for the world's economy due to US trade barriers.
U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook ○
The U.S. economy is now expected to expand by just 1.6% in 2025, while the global economy is set to grow by 2.9%.
UK will slump to 1% growth next year as Trump tariffs bite, says OECD ○
US, Mexico and Canada economies likely to be worst affected by ongoing tariff battles, says forecast
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The UK’s economic growth will be slower than expected this year and n…
Global economy set for weakest growth since Covid, OECD warns ○
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a story from Financial Times ✅ › Financial Times
Organisation slashes forecasts and says US will be hit particularly hard
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