Economists warn Treasury is likely to raise taxes even further this year

Chancellor Rachel Reeves insists her plans provide the stability needed to secure growth - (Treasury)

A group of economists have warned that the Treasury is likely to raise taxes even further this year, despite an expectation that the country will return to growth in 2025.

The Financial Times’ survey of 96 leading economists found that, while the UK is likely to outperform France and Germany in 2025, previously announced tax rises could undermine the economy.