The U.K. economy is running out of places to look for a good news story as its economy continues to deal with inflation while its neighbors in Europe leave rising prices in the rearview. Now it’s likely to impact the country’s growth prospects.
The Organisation for Economic Co-operation and Development (OECD) released its latest forecast for developed nations Thursday, and it didn’t make pleasant reading for the U.K.
The country was one of only a few nations to have its outlook downgraded by the organization, now expected to grow at 0.4% instead of 0.7% previously.
While its economy is still expected to grow faster than Germany, which…
