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UK economic growth to be slower than forecast due to tariffs, say economists - UK economic growth could be up to 0.5 percentage points lower than expected in the coming years, according to economists.
"Today's deluge of data confirmed that the economy was weak even before the full effects of higher business taxes are felt and that a high household saving rate continues to restrain GDP growth," ...
Thomas Pugh, economist at RSM UK, said: “The direct impact on the UK is likely to be in the 0.2% to 0.5% of GDP range over the next few years combining both the impact of the 10% flat tariff and ...