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OBR halves UK growth forecast to 1% for 2025

Posted

March 26, 2025

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Chancellor Rachel Reeves says the Office for Budget Responsibility (OBR) has downgraded the growth forecast for 2025 from 2% to 1%.

"I am not satisfied with these numbers," she says, but she adds the government is "serious about taking the action needed to grow our economy".

#rachelreeves #springstatement #labourparty #skynews #obr #ukeconomy

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Chancellor Rachel ReevesBudget Responsibility OBRTwitter LikeFacebook FollowInstagram FollowTikTok For

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OBR halves UK growth forecast to 1% for 2025 · Sky News · Sentinel