Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
National
David Unyime Nkanta

With Growth Stuck at 1%, What Can the UK Do to Avoid Stagnation?

20 pounds Bank of England (Credit: Photo from Unsplash)

Britain's economic recovery has stalled, with the latest forecast of the Organisation for Economic Co-operation and Development (OECD) painting a bleak picture for the year ahead. On 3 June 2025, OECD projected that UK gross domestic product growth will slow to just 1%—placing Britain among the weakest performers in the G7 nations.

This sobering outlook follows a modest rebound of 0.6% in 2024, supported largely by easing inflation and resilient consumer spending. However, the OECD warns that a combination of structural and geopolitical challenges threatens to derail the country's long-term growth prospects.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.