UK Economy: Recession Fears Mount, Adding Pressure on Reeves

Описание: UK Chancellor of the Exchequer Rachel Reeves faces a new risk of having to make spending cuts after the government’s fiscal watchdog, the Office for Budget Responsibility, downgraded its growth forecast. It leaves Britain’s finance minister scrambling to meet her budgetary rules when a key report is published next month. Dan Hanson of Bloomberg Economics has the latest.
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