Economists Warn of Slowdown as Reeves Freezes Tax Thresholds

Economists predict a slowdown in UK economic growth, with GDP expected to grow by just one percent in 2026, following Rachel Reeves decision to extend tax threshold freeze. KPMGs latest outlook also forecasts a dip in wage growth and potential unemployment spike. Business leaders confidence plummets post-Budget, indicating a tough period ahead for the UK economy.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.