OECD cuts UK's growth forecast

The Organisation for Economic Co-operation and Development (OECD) has cut its forecast for growth in the UK to -0.7% for this year. This has fallen from 0.5%.

Advertisement

UK growth forecast 'cut to -0.7%'

The respected financial think-tank the OECD has revised down Britain's growth for this year from 0.5% to -0.7%.