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25.1 per cent as a share of Gross Domestic Product (GDP) in 2025/26 the Bank of England (BoE) downgraded its 2025 growth forecasts and warned that interest rates will fall more slowly than anticipated.
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2022 revenue growth Grant Thornton . As part of the Autumn Budget in 2024, like her predecessors before her, Rachel Reeves committed to self-imposed fiscal rules and the OBR forecast rounds provided to her in the run up to the 26 March will determine whether the Government is still on track to meet these. 25.1 per cent as a share of Gross Domestic Product (GDP) in 2025/26