The OECD today cut its second-quarter growth forecast for the UK to 1% from 1.3%, but said growth prospects for the G7 nations were rosier.
The UK's economic recovery slowed in the second half of last year and will remain 'subdued' throughout 2011, the Organisation for Economic Co-operation and Development (OECD) predicts.
The Organisation for Economic Co-operation and Development (OECD) today recommends the UK government further increases the state pension age (SPA) to combat rising costs.
The UK's economic growth will be 'subdued' in 2011, held back by fiscal tightening and weak real income growth, according to a new OECD report.
The global economic recovery is slowing faster than forecast, but a return to recession is unlikely, according to the OECD.
Philip Saunders and Max King, multi-asset portfolio managers at Investec, give five reasons to be positive
Annual inflation in the Organisation for Economic Co-operation and Development (OECD) area remained stable in April at 2.1%, although food and fuel prices rose.
Britain and France are at odds with other European Union countries over plans to insure against future bank failures, in another sign of the problems in trying to forge a common response to the bloc's economic woes.
The economic monopoly enjoyed for so long by the US is set to come to an end, with Bric countries moving in to replace it, Robin Geffen says.
The management of the Government's strategy for helping people in debt has been branded a "complete failure" by a committee of MPs.