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  2. 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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  3. 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.
    How much will the UK economy grow?Our long-term assumption is for the UK economy to grow by an average 1%, which is significantly lower than the average GDP growth of 1.9% between 1990 and 2019. It sits between the estimates from the OBR and the Bank of England and is based on productivity growth of 0.9% (see Chart 6).
    What is the trend rate of UK economic growth?Combining this with our current estimates for capital deepening and labour supply growth gives our current estimate for the trend rate of UK economic growth of around 0.9 per cent. This trend rate of output growth is low relative to the past.
    Will UK economic growth pick up over the forecast period?We expect this to pick up over the forecast period towards 0.4 per cent, our current estimate of its trend growth rate. Combining this with our current estimates for capital deepening and labour supply growth gives our current estimate for the trend rate of UK economic growth of around 0.9 per cent.
     
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  5. United Kingdom Economic Snapshot - OECD

  6. Monetary Policy Report - November 2022 | Bank of England

  7. Monetary Policy Report - February 2024 | Bank of England

  8. UK Economic Outlook November 2023 - PwC UK

  9. Monetary Policy Report - February 2023 | Bank of England

  10. UK Economic Outlook - March 2024 - assets.kpmg.com

  11. UK Economic Outlook: Predictions for the year ahead 2023

  12. UK Economic Outlook - NIESR

  13. UK Economic Outlook - KPMG UK

  14. IMF expects UK economy to avoid recession - BBC News

  15. UK economy latest - Office for National Statistics

  16. Economic and fiscal outlook – November 2023 - Office for Budget ...