[1andrew1]

Originally Posted by Pierre

That was before Labour took over, wasn’t it?

In any event, please show your working out

I know, I found it hard to believe but here it is. It's a forecast so won't have occurred under the previous government.

Growth forecasts for the biggest three Eurozone economies have been trimmed, with the currency area predicted to expand by 1 per cent in 2025 and 1.2 per cent in 2026. UK growth forecasts were cut to 1.4 per cent this year and 1.2 per cent in 2026.

Despite Trump’s imposition of 20 per cent additional tariffs on China, the OECD lifted the Asian country’s outlook for 2025, with growth tipped to be 4.8 per cent, followed by 4.4 per cent in 2026.

By contrast, the growth forecast for Japan was curbed by 0.4 percentage points to 1.1 per cent this year, and India’s growth will be half a point lower than previously predicted at 6.4 per cent.

https://www.ft.com/content/a5ef2443-...3-1e28e4f8c5b6