HMT (HM Treasury) responded to the OECD economic outlook interim report.
Chancellor of the Exchequer, Rachel Reeves said: “The war in the Middle East is not one that we started, nor is it a war that we have joined.
“But it is a war that will have an impact on our country. In an uncertain world we have the right economic plan.
“The decisions we have taken have put us in a better position to protect the country’s finances and family finances from global instability. Our economic plan means going further to build a stronger more secure economy.
“That means going further on our three big choices: empowering regional growth, embracing AI and innovation, and establishing a closer relationship with the EU.” The report and our response are embargoed into 10am UK time 26/03/2026
