Britain’s growth to be slowest in developed world, OECD warns

Britain will have the slowest growth in the developed world next year, the Organisation for Economic Co-operation and Development (OECD) has warned

In its first economic outlook following Russia’s invasion, the OECD forecast that UK growth would fall to 0 per cent in 2023, driven by double-digit inflation.Growth will slow to 3.4 per cent this year from a robust expansion of 7.4 per cent in 2021, the Paris-based organisation of wealthy nations said.

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