U.K. government halves 2025 growth forecast to 1% and confirms defense spending boost
Mar 26, 2025
The British economy will only grow by 1% this year, half the rate previously anticipated, Treasury chief Rachel Reeves conceded Wednesday in a statement to lawmakers about the state of the public finances that also saw her flesh out plans to boost defense spending.
https://www.washingtontimes.com/news/2025/mar/26/uk-government-halving-2025-growth-forecast-1-confirms-defense/
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