Economics

Economic uncertainty can also present opportunities for innovation and growth. Navigate the road ahead with informed macro-economic insights to reframe your future.

Inform your strategic and operational decision-making around all elements of the capital agenda. With the latest macro-economic data, megatrends and our evidence-based insights, you can improve your economic modelling, forecast more accurately, and better plan your transformation today, to thrive tomorrow.

The EY ITEM Club is the flagship of the EY Economics programme, and uses HM Treasury’s model of the UK economy to forecast economic developments within the country, including GDP, inflation and interest rates.

Featured press releases

Regional UK economic growth gap to widen, with Southern England ahead

Economic momentum is set to return to all parts of the UK between 2024 and 2027, but London and the South East are forecast to see faster GVA growth than the UK average.

4 Mar 2024 London GB

Scotland household finances to improve with interest rates cut

The EY ITEM Club Scottish Winter Forecast sets out latest economic performance and predictions for Scotland, including GVA, labour market, inflation, interest rates and sector forecasts.

5 Feb 2024 Edinburgh GB

UK economy stagnation should start to fade in 2024, says EY ITEM Club

The EY ITEM Club Winter Forecast sets out predictions for UK GDP, consumer spending, inflation, business investment, and more.

22 Jan 2024 London GB

Scotland to avoid recession despite flat economic performance, says the EY ITEM Club

The Scottish ITEM Club’s Autumn Forecast sets out latest economic performance and predictions for Scotland, including GVA, labour market, inflation, interest rates and sector forecasts.

20 Nov 2023 Edinburgh GB

High interest rates weigh on GDP, but the UK should still avoid recession, says the EY ITEM Club

The EY ITEM Club’s Autumn 2023 Forecast sets out predictions for UK GDP, consumer spending, inflation, business investment, and more.

16 Oct 2023 London GB

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