Economic Review — April 2024

i View as a PDF Short-term growth forecasts upgraded New economic predictions produced by the Office for Budget Responsibility (OBR) suggest the UK economy is set to grow by more than previously expected over the course of the next two years. Chancellor Jeremy Hunt...

Economic Review — March 2024

i View as a PDF Survey suggests recession already over Official statistics released last month showed the UK economy fell into recession during the second half of last year, although more recent survey data does suggest the recession could already be over. The...

Economic Review — February 2024

i View as a PDF UK economy rebounds in November Official statistics show the economy returned to growth in November, although analysts believe it remains a close call as to whether or not the UK will once again manage to avoid a recession. Figures released last...

Economic Review — January 2024

i View as a PDF Inflation drop sparks rate cut speculation A surprise sharp decline in the rate of inflation has ignited hopes of an interest rate cut by spring, despite the Bank of England (BoE) insisting it is ‘too early’ to speculate about when rates might be...

Economic Review — December 2023

i View as a PDF OBR cuts economic growth forecast Revised forecasts from the Office for Budget Responsibility (OBR) suggest the UK economy is set to grow more slowly over the next two years than previously predicted. Chancellor Jeremy Hunt unveiled the...

Economic Review — November 2023

i View as a PDF Inflation rate holds steady The Bank of England (BoE) Governor has described the latest batch of inflation statistics as “quite encouraging,” adding that he expects a “noticeable drop” in the headline rate when the next set of data is released...