Debt and trade issues weaken UK growth – so says the OECD

The latest OECD report presents a cautious outlook for the UK economy, predicting slower growth amidst global uncertainties and domestic fiscal challenges. The UK’s GDP is projected to grow by 1.3% in 2025 and 1% in 2026, reflecting a slight downward revision. According to the OECD, trade tensions, particularly U.S. tariffs, are disrupting global supply …

OECD cuts U.S. growth forecast amid Trump’s tariff chaos

The Organisation for Economic Co-operation and Development (OECD) has sharply downgraded its U.S. growth forecast, citing economic uncertainty and the impact of President Donald Trump’s tariff policies. The OECD now expects the U.S. economy to expand by just 1.6% in 2025 and 1.5% in 2026, a significant cut from its previous estimate of 2.2% for …

Why does the UK have a serious issue with jet fuel supply

Britain’s jet fuel problem is the predictable result of a long, quiet erosion of refining capacity colliding with a geopolitical shock and decades of under investment. The country now imports three times more kerosene than it produces, and the Middle East crisis has exposed just how thin those supply lines have become. A system built …

UK economy will be hit hardest by the U.S.-Israel Iran war warns the IMF

The IMF’s warning that the UK would suffer the sharpest growth hit among rich economies from an Iran‑related war is rooted in a simple structural reality. Britain is unusually exposed to energy‑price shocks, yet unusually weak in the buffers that normally absorb them according to the IMF. Why the UK will be hit harder than …

UK predicted to have slowest growth of richest nations in 2025

Forecasts indicate that the UK economy will experience sluggish growth among the largest developed nations in 2025. The Organisation for Economic Co-operation and Development (OECD) has projected a 1% increase in the UK’s gross domestic product (GDP) for 2025, which lags behind the growth rates of other G7 nations, including Canada, France, Germany, Italy, Japan …

Another BIG blast off moment for India on the global stage as it hosts the G20 Summit

India hosting the G20 summit The G20 summit will be held in New Delhi on 9th and 10th September 2023. This is the first time that India has hosted such a prestigious event, which brings together the leaders of the world’s 20 major economies with the exception of Russia. India has invited several other countries …