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Swedish authorities have slashed the country’s economic growth outlook for next year citing rising inflation, Finance Minister Mikael Damberg said on Thursday. Stockholm increased its projection for economic growth to 2.3% in 2022 from a June prediction of 1.9%, but cut the outlook for next year to 0.4% from 1.1%.

Scottish First Minister Nicola Sturgeon announced on Tuesday that a second Scottish independence referendum will be held on October 19, 2023. However, a ‘yes’ vote will not be enough to separate Scotland from the UK.