Tax rises and drop in investment predicted to limit UK growth - short news
EY Item Club downgrades forecast for next year, with Office for Budget Responsibility expected to follow suit
The prospect of looming tax rises and a fall in business investment will restrict the UK’s economic growth rate next year to less than 1%, according to a health check of the economy by a leading consultancy.
With less than four weeks before Rachel Reeves delivers her budget on 26 November, the EY Item Club has downgraded Britain’s growth for next year, indicating..
source: The Guardian - 03.11.2025