EY: UK economic growth forecasts downgraded for 2025

NAMPA / DPA

2025-02-03

London (PA Media/dpa) - Stagnant growth late last year means the UK economy will improve slower than previously predicted in 2025, according to new forecasts. The EY Item Club economic forecaster has become the latest influential group to cut its predictions amid continued pressure on businesses, which face further tax and wage rises in April. It represents another blow to Chancellor Rachel Reeves' hopes to rapidly grow the UK economy in order to......

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