Macro - Country Economic Forecasts - United Kingdom

Macro - Country Economic Forecasts - United Kingdom



We continue to forecast UK GDP growth of 1.4% in 2025 and 1.7% in 2026. Though we expect the Bank of England to steadily cut the policy rate next year, tightening fiscal policy and the lagged impact of past interest rate hikes on households will be powerful headwinds to activity.


UK: Tight policy settings will weigh on growth in 2025
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
What to watch out for
Exposure to key global risks
Long-term prospects
Background
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy
Politics

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings