BRITAIN’S likely growth rate next year has been slashed in forecasts by the Organisation for Economic Co-operation and Development (OECD) has issued.

The economy will grow by just 0.7 per cent in 2024, down from a previously forecast and already-anaemic 0.8 per cent, the OECD predict.

This will be the second-slowest growth rate among the world’s leading G7 advanced capitalist economies. It may rise to a feeble 1.2 per cent in 2025.