After winning the UK election by an overwhelming majority, the Labour Party, Goldman Sachs has raised the UK's economic growth forecast and expects the party's fiscal plan to boost the economy. "We still expect the Labour Party's fiscal policy agenda to slightly boost demand growth in the short term, so we have raised our GDP growth forecast for the UK in 2025 and 2026 by 0.1 percentage points each," wrote economists Jari Stehn and others in a report. The Labour Party may need to increase spending by 14 billion British pounds annually by the end of the parliamentary term.
高盛上调英国经济预测 料工党财政计划将提振增长
Goldman Sachs raises UK economic forecast, expects Labour Party's fiscal plan to boost growth.
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