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OECD cuts UK's 2025 growth forecast to 1.3%, citing global trade uncertainty and high interest rates.
The OECD has downgraded the UK's economic growth forecast for 2025 to 1.3% and 1% for 2026, citing global trade uncertainty and high interest rates.
The organization warns of "thin fiscal buffers," suggesting the UK may struggle to meet its fiscal rules if growth slows further.
The OECD advises Chancellor Rachel Reeves to balance spending cuts with tax reforms to strengthen public finances amid rising national debt.
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La OCDE recorta la previsión de crecimiento del Reino Unido para 2025 al 1,3%, citando la incertidumbre del comercio mundial y las altas tasas de interés.