Tag: fiscal policy

UK Economy Forecast at 1.5% Growth for 2025, But Households Still Struggle with Cost-of-Living Crunch

The UK economy is forecast to grow 1.5% in 2025, but households still face soaring living costs, falling production, and stagnant wages. With inflation peaking at 3.7% and youth unemployment near 1 million, growth isn't translating into relief.