OECD cuts UK growth forecasts as Reeves grapples with weak economy

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UK economy shrinks unexpectedly in blow to Rachel Reeves
ONS data showing 0.1% fall in GDP in January comes less than two weeks before chancellor’s spring statement. Analysis: Shrinking economy an unhelpful backdrop for Reeves’s growth push The UK ...The Guardian - Mar. 14 -
FirstFT: OECD cuts global growth forecast
Also in today’s newsletter, Trump and Putin to hold Ukraine talks and Netanyahu plans to sack Shin Bet chiefFinancial Times - 4d -
Reeves to outline plan to cut regulation costs and boost growth
Chancellor will meet regulators after calling for action to restrict their scope in bid to save businesses billions. Rachel Reeves will meet UK regulators on Monday after calling for more action to ...The Guardian - 4d -
Trump trade wars are slowing global growth and fuelling inflation, says OECD
Economic organisation downgrades forecasts for growth in UK as well as US, Canada and Mexico due to tariffs. Business live – latest updates Donald Trump’s trade wars are splintering the global ...The Guardian - 4d -
Global economy takes centre stage
OECD updates growth forecasts, a clutch of central banks set interest rates and the IOC picks a new Olympics presidentFinancial Times - 5d -
Trump’s trade war will damage global growth, OECD warns
Forecasts downgraded for a dozen G20 economies and alarm sounded on ‘ratcheting up’ of trade barriersFinancial Times - 4d -
Rachel Reeves: turning a weak economy into a strong hand
Chancellor wins plaudits from Tories for tough spending decisions but cabinet colleagues grow uneasyFinancial Times - Mar. 14 -
U.S. and global economic outlooks cut by OECD as Trump's trade tariffs weigh on growth
"A series of recently announced trade policy measures will have implications for the economic outlook if sustained," the OECD said.CNBC - 4d -
Government borrowing higher than expected as pressure builds on Reeves
The latest figures for the UK economy add pressure on Chancellor Rachel Reeves ahead of her Spring Statement next week.BBC News - 12h -
The U.S. growth outlook was just cut by the OECD on uncertainty and tariffs
The U.S. economic growth outlook — and even more so, Canada’s and Mexico’s — was lowered on Monday by the Organization for Economic Cooperation and Development due to policy uncertainty and the ...MarketWatch - 4d -
Federal Reserve cuts US economic growth outlook amid Trump tariffs
Officials raise inflation forecast to 2.7% this year, as Fed chair Jerome Powell says uncertainty is ‘remarkably high’. Officials at the US Federal Reserve cut their US economic growth forecasts ...The Guardian - 2d -
UK economy unexpectedly contracted 0.1% in January
Figure underscores challenge for chancellor Rachel Reeves ahead of high-stakes Spring StatementFinancial Times - Mar. 14 -
FedEx is the latest company to sound the alarm on the U.S. economy
FedEx cuts its profit outlook for the third time in a row, thanks to “continued weakness and uncertainty in the U.S. industrial economy.”MarketWatch - 1d -
Bond market strains intensify for Reeves as investors await OBR’s verdict
Fiscal watchdog’s preliminary forecasts based on UK borrowing costs exclude recent rise in gilt yieldsFinancial Times - Mar. 12 -
Why is UK wage growth so strong?
Pay is out of line with the state of the economy, puzzling analysts and worrying the BoEFinancial Times - 22h -
Fed cuts US growth forecast as Trump’s policies weigh on outlook
Central bank also lifts inflation projection as chair Jay Powell warns of tariff impactFinancial Times - 1d -
UK economy unexpectedly shrinks in January, in blow to Treasury chief ahead of key statement
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key statement about the state of the public finances later this monthABC News - Mar. 14 -
Reeves’ cuts to total over £10bn in bid to restore UK finances
Departmental spending squeeze and benefits crackdown part of chancellor’s bid to fill fiscal holeFinancial Times - 3h -
Trump’s Trade War Will Slow Global Economic Growth, OECD Says
Growth outlooks in the United States and several other countries are projected to slow this year and next, as uncertainty on trade and economic policy takes a toll.The New York Times - 3d -
Tate cuts almost a tenth of staff as it tackles deficit
UK arts institution tries to break even ahead of fundraising rounds designed to drive growthFinancial Times - Mar. 14 -
FirstFT: Nvidia to spend billions in US as it shifts chip supply chain from Asia
Also in today’s newsletter, the Fed cuts its 2025 growth forecast and how Jeff Bezos made peace with MagaFinancial Times - 1d -
US shoppers cut spending as economic outlook concerns mount
Tariffs, market volatility and political uncertainty threaten to undermine key driver of growth in world’s largest economyFinancial Times - 5d -
Reeves meeting regulators in drive to cut red tape
The chancellor will unveil plans to cut bureaucracy as the government continues its bid to slash red tape.BBC News - 4d -
NOAA and National Weather Service job cuts raise concerns about forecasts
A hurricane modeling specialist fired from the National Weather Service said progress on forecast accuracy may "go backwards" if job cuts continue.CBS News - Mar. 11 -
Economists forecast slowing US growth and increased inflation
Also in today’s newsletter, US’s campaign against the Houthis and the man moving Meta to the rightFinancial Times - 3d -
Reeves to restrict UK competition watchdog’s merger investigations
Chancellor wants probes by the Competition and Markets Authority to be faster and more predictableFinancial Times - 4d -
UK economy unexpectedly shrank by 0.1% in January
The U.K.'s economy unexpectedly shrank by 0.1% in January, official figures showed on Friday.CNBC - Mar. 14 -
China unveils plan to ‘vigorously boost’ weak consumption
Policymakers seek to spur demand as economy battles deflationary pressureFinancial Times - 4d -
What will be in the chancellor's Spring Statement?
Chancellor Rachel Reeves will give more detail about the government's plans for the economy.BBC News - Mar. 9 -
Samsung promises to pursue deals in ‘do or die’ bid to revive growth
South Korean tech giant apologises to shareholders after year of weak performanceFinancial Times - 2d -
Fed likely to pause rate cuts with clouds gathering over the economy
The Federal Reserve is unlikely to cut interest rates this week despite growing concern about the state of the U.S. economy and the impact of President Trump’s trade agenda. Markets are expecting ...The Hill - 3d -
UK economy shrank unexpectedly in January
A slowdown in manufacturing was one of the main reasons for the dip, the Office for National Statistics says.BBC News - Mar. 14 -
Reeves promises to scrap ‘unnecessary’ financial market reporting rules
UK chancellor to ease requirements on how much data companies have to provideFinancial Times - 3d -
Bank of England keeps rates on hold at 4.5%
Rate-setters are grappling with combination of a sluggish economy and continuing price pressuresFinancial Times - 1d -
Treasury Secretary Bessent says he’s not concerned about the current stock market volatility
Bessent downplays signals of weak first-quarter economic growthMarketWatch - Mar. 13 -
UK economy shrinks in January; stocks and euro jump on German debt deal – as it happened
UK economy unexpectedly contracts by 0.1% in January in blow to the chancellor ahead of spring statement; Friedrich Merz declares: ‘Germany is back’. Let’s look at the GDP figures in more detail.. ...The Guardian - Mar. 14 -
‘Game changer’: German spending plans lift bond market’s growth forecasts
Chancellor-in-waiting Merz’s promise to do ‘whatever it takes’ pushes Bund yields sharply higher in anticipation of more issuanceFinancial Times - Mar. 8 -
IfW Kiel ties German growth forecast for 2026 to defence spending
Yahoo News - Mar. 13 -
Tech partnership can make US, UK economies great again
We need to think MEGA – Make our Economies Great Again – for all our prosperity and security.The Hill - 4d
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