Rachel Reeves' October tax raid means GDP forecasts are lower than they were a year ago.
The influential Centre for Economics and Business Research expects it will grow by 1.3% in 2025 and 1.4% in 2026 - lower than the 1.9% and 1.6% predicted at the same time last year. The report says: "These downward revisions largely reflect the expected responses to policy changes announced at the new Government's inaugural Budget, including changes to capital gains tax and employers' national insurance contributions.
Denne historien er fra December 26, 2024-utgaven av Daily Express.
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Denne historien er fra December 26, 2024-utgaven av Daily Express.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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No end to City slump after Haaland howler.
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SWING BRIDGE
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