Morgan Stanley cuts UK’s 2025 GDP development forecast to 0.9%


(Reuters) – Morgan Stanley (NYSE:MS) on Monday reduce its UK’s financial development forecast to 0.9% for this yr, citing a slowdown in Britain’s financial system and indicators of labour market weak point.

The brokerage had earlier projected the gross home product development at 1.3%.

admin

Share
Published by
admin

Recent Posts

No Fed ‘put’ when it is unclear which means the financial system could pivot

By Howard Schneider WASHINGTON (Reuters) -U.S. Federal Reserve Chair Jerome Powell has despatched robust messages…

43 minutes ago

Tolls on Blackwall Tunnel and new Silvertown Tunnel start – what you must know

From at this time, drivers utilizing London's Blackwall Tunnel should pay a toll.The cost is…

5 hours ago

Wall St futures, oil plunge, markets bay for US charge cuts

By Wayne Cole SYDNEY (Reuters) - Asian markets have been in for a tough begin…

7 hours ago

Oil costs lengthen losses on fears world commerce conflict may gradual financial system

TOKYO (Reuters) - Oil costs fell greater than 3% on Monday, extending losses from the…

7 hours ago

Banknote printer De La Rue near £300m sale of authentication arm

De La Rue, the Financial institution of England's forex printer, is closing in on the…

8 hours ago

Starmer to announce extra help for companies as Trump tariffs take maintain

Sir Keir Starmer is about to announce extra help for companies after Donald Trump's 10%…

8 hours ago