Story perspectives
UK Faces Century-Low Growth and Looming Tax Increases
11/9/2025
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Story summary
- The UK faces its worst decade of growth in 100 years, per former Bank of England rate-setter Andrew Sentance.
- The economy is projected to grow 1.1% annually in the 2020s, the lowest pace since the 1920s.
- GDP per head is expected to rise 0.4% annually, marking the worst living standards improvement in a century.
- Rachel Reeves is preparing new tax increases that may further impact the economy.
