Taxes and Trump Have Stymied Starmer’s Growth Revival Pledge
View original at finance.yahoo.comTaxes and Trump Have Stymied Starmer’s Growth Revival Pledge (Bloomberg) -- Weeks after his general election triumph, Keir Starmer sent voters a sobering message: “Things will get worse before we get better.” Most Read from Bloomberg Winners and Losers From Trump and Xi’s Beijing Summit Talks Hormuz Oil Flows Creep Hig…
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Things will get worse before we get better
60% confidenceStarmer vowed to boost UK GDP growth to the highest in the Group of Seven
60% confidenceThe economy has overtaken immigration as the top issue for UK voters
60% confidenceThe UK will be the worst affected G-7 economy, with growth predicted to almost halve in 2026
60% confidenceUK policy decisions are probably pushing towards a slower pace of growth
60% confidenceMany UK voters say they feel no better off than they did in 2024
60% confidenceThe underlying UK economic picture is one of an economy growing at a pretty soft pace
60% confidenceUK unemployment is close to a post-pandemic high, inflation is accelerating, living standards have stalled, and growth is expected to slow to the weakest in three years
60% confidenceUK GDP growth will almost halve in 2026 due to Iran War fallout
60% confidence
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