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  3. The UK economy staged an early recovery from a technical recession in the second half of 2023, with real GDP growth expected to be 0.3% in 2024, and to accelerate to 0.9% in 2025. We expect improving incomes to bolster consumer spending, while investment should also benefit from easing credit conditions.
    kpmg.com/uk/en/home/insights/2018/09/uk-economic-outlook.html
    kpmg.com/uk/en/home/insights/2018/09/uk-economic-outlook.html
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  4. People also ask
    What is the outlook for the UK economy?The outlook for the UK economy continues to face uncertainties, but prospects have improved in recent months, buoyed by the successful vaccine rollout and the gradual reopening of the economy.
    What are the UK's economic prospects in 2024?Here are five charts underpinning the UK’s economic prospects in 2024. Inflation has fallen from more than 10% in January 2023 to 3.9% in November, driven mainly by cooling energy prices. However, the annual rate has stuck at persistently higher levels than anticipated, as the UK grapples with the highest rate in the G7.
    What is forecasts for the UK economy?Forecasts for the UK economy is a monthly comparison of independent forecasts. Please note that this is a summary of published material reflecting the views of the forecasting organisations themselves and does not in any way provide new information on the Treasury’s own views. It contains only a selection of forecasters, which is subject to review.
    What is the UK inflation outlook?The UK inflation outlook is highly uncertain. Our scenario analysis suggests headline inflation could peak at anywhere from 13% to 22% next year, depending on the outlook for energy prices and where the government does not implement further energy price controls.
     
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