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How the UK economy is recovering despite a growth forecast downgrade

In this webcast, panellists discuss the latest EY ITEM Club Autumn Forecast and issues impacting the UK economy.

The EY ITEM Club Autumn Forecast reviews the state of the UK economy in Q3 2024 and the expectations for long-term economic growth.

Our speakers explore factors which could impact the UK’s economic recovery and growth forecast, including the UK Autumn Budget announcement. Also discussed is the UK’s infrastructure investment shortfall and how this could be filled.

Topics discussed include:

  • How the UK economic recovery has become embedded in 2024.
  • What factors will contribute to the UK’s GDP growth forecast as we edge into 2025.
  • Expectations for the Bank of England’s Monetary Policy Committee’s next move with interest rates.
  • Factors impacting the housing market.
  • Geopolitical risks to the forecast, including November’s US election.
  • Views on the UK economy’s long-term growth and the likely direction of travel for fiscal policy.

For more information, read the full UK economic forecast.

Explore the EY infrastructure report, Mind the (investment) gap: Funding and delivering capital projects amidst fiscal constraints.

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