Story perspectives

OECD Cuts UK 2027 Growth Forecast to 1%

By Drooid · Sep 23, 2026, 2:46 PM UTC · How we work

Summary

Story summary

UK Prime Minister Andy Burnham noted OECD cut the 2027 growth forecast to 1% while promoting Britain in New York.
OECD projects UK inflation at 3.1% in 2026 and 2.6% in 2027, above the 2% target.
OECD expects the Bank of England to lower the Bank Rate from 3.75% to 3.5% during 2027.
OECD warns that Middle East conflict and higher energy prices could keep UK inflation elevated longer.

1 of 1

Story summary

UK Prime Minister Andy Burnham noted OECD cut the 2027 growth forecast to 1% while promoting Britain in New York.
OECD projects UK inflation at 3.1% in 2026 and 2.6% in 2027, above the 2% target.
OECD expects the Bank of England to lower the Bank Rate from 3.75% to 3.5% during 2027.
OECD warns that Middle East conflict and higher energy prices could keep UK inflation elevated longer.