London, Nov 26, 2025 (AFP) - UK hikes 2025 growth forecast, downgrades 2026-29: budget

NAMPA / AFP
2025-11-26
Britain's economy is on target to beat growth forecasts this year but likely to slow more than previously expected between 2026 and 2029, the country's budget watchdog said Wednesday. Gross domestic product is set to hit 1.5 percent in 2025, up from the previous estimate of 1.0 percent given in March, the Office for Budget Responsibility said in a report accidentally released ahead of finance minister Rachel Reeves unveiling her annual budget to......
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KAPAKO, 26 November 2025- People queuing up at the Mbunza Traditional Authority hall in the Kapako Constituency to cast their votes for the Regional Councils and Local Authorities Elections. (Photo by: Lylie Joel) NAMPA

KAPAKO, 26 November 2025- People queuing up at the Mbunza Traditional Authority hall in the Kapako Constituency to cast their votes for the Regional Councils and Local Authorities Elections. (Photo by: Lylie Joel) NAMPA

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OSHAKATI,26 November 2025 -  The presiding officer at Leo Shoopala hall polling station in the Oshakati East Constituency, Victorina Joona. (Photo: Ester Hakaala) NAMPA

OSHAKATI,26 November 2025 - The presiding officer at Leo Shoopala hall polling station in the Oshakati East Constituency, Victorina Joona. (Photo: Ester Hakaala) NAMPA

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WINDHOEK, 26 NOVEMBER 2025 - Tobias Hainyeko Constituency residents are assisted during the voting process of 2025 Regional Councils and Local Authorities Elections in Windhoek (Photo: Filemon Haininga) NAMPA

WINDHOEK, 26 NOVEMBER 2025 - Tobias Hainyeko Constituency residents are assisted during the voting process of 2025 Regional Councils and Local Authorities Elections in Windhoek (Photo: Filemon Haininga) NAMPA

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Windhoek, 26 November 2025 - Regional Councils and Local Authorities elections ballot boxes are filling up at a Windhoek polling station. (Photo by: Ali Negumbo)NAMPA

Windhoek, 26 November 2025 - Regional Councils and Local Authorities elections ballot boxes are filling up at a Windhoek polling station. (Photo by: Ali Negumbo)NAMPA

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WINDHOEK, 26 November 2025 - Independent Patriots for Change President Panduleni Itula casting his vote. (Photo by: Mathilde Kudumo) NAMPA

WINDHOEK, 26 November 2025 - Independent Patriots for Change President Panduleni Itula casting his vote. (Photo by: Mathilde Kudumo) NAMPA

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WINDHOEK, 26 NOVEMBER 2025 - Moses ||Garoëb Constituency Councillor Stefanus Ndengu casting his vote. (Photo by: Molly Weyulu) NAMPA

WINDHOEK, 26 NOVEMBER 2025 - Moses ||Garoëb Constituency Councillor Stefanus Ndengu casting his vote. (Photo by: Molly Weyulu) NAMPA

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MARIENTAL, 26 November 2025 - Several constituencies in the Hardap Region reported steady voter turnout on Wednesday morning, while others saw slower activity, according to updates from returning officers.

(Photo by Chelva Wells) NAMPA

MARIENTAL, 26 November 2025 - Several constituencies in the Hardap Region reported steady voter turnout on Wednesday morning, while others saw slower activity, according to updates from returning officers. (Photo by Chelva Wells) NAMPA

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OSHAKATI, 26 November 2025 - The governor of the Oshana region, Hofni Iipinge pictured after casting his vote at the Sky location phase two polling station in the Ongwediva Constituency. (Photo by: Ester Hakaala) NAMPA

OSHAKATI, 26 November 2025 - The governor of the Oshana region, Hofni Iipinge pictured after casting his vote at the Sky location phase two polling station in the Ongwediva Constituency. (Photo by: Ester Hakaala) NAMPA

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