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OECD downgrades UK growth outlook ahead of Budget

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The OECD has downgraded the UK's economic growth outlook for next year, dealing a blow to Chancellor John Healey ahead of the Budget. The organisation also warned of ballooning debt costs and slower growth, citing higher energy prices due to the Middle East conflict and climate change.

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OECD downgrades UK growth outlook ahead of Budget
Photo: Daily Mail

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