OECD upgrades UK growth predictions to 5.1% this year amid surging vaccine rollout but says the EU won’t see as much benefit as its jabs lag behind By James Tapsfield, Political Editor For Mailonline Published: 14:54 GMT, 9 March 2021 | Updated: 14:54 GMT, 9 March 2021 The OECD has sharply upgraded growth forecasts for … Read more
UK economy is recovering quicker than expected from coronavirus carnage, OECD think tank reveals – but warns a second wave could HALVE global growth next year and wipe 15% off stock markets By James Tapsfield, Political Editor For Mailonline Published: 12:00 BST, 16 September 2020 | Updated: 12:03 BST, 16 September 2020 The UK’s economic … Read more
One in seven Britons could be left jobless if the country suffers second coronavirus peak, OECD warns OECD says unemployment is set to soar in UK as world struggles with lockdown Figure could hit 11.7 per cent by the end of year or 14.8 per cent if a second peak Chancellor Rishi Sunak is due … Read more
The OECD said today it feared the worst financial crisis for a decade due to the impact of coronavirus. The trade body warned that the world’s economy could shrink in the first quarter of this year as a result of the outbreak, with growth across the whole year dipping as low as 1.5% if the virus … Read more