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UK faces 'headwind' from tax and spending moves, OECD says

Source: BBC

Tax rises and spending cuts will act as a "headwind" to growth in the UK's economy, according to an influential global policy group.UK inflation will also remain among the highest of the G7 advanced economies, although it is expected to ease, the Organization for Economic Co-operation and Development (OECD) said.The OECD forecast the UK economy would be "steady" with growth of 1.4% this year before slowing to…

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