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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.

EY ITEM Club Winter Forecast 2025 – watch on-demand

Register to watch the EY ITEM Club webcast, which assesses the current position of the UK economy. The panellists discuss GDP forecasts, the labour market, inflation and interest rates, business confidence, as well as government policy. 

Watch on-demand

Featured press releases

Historic Red sandstone building with clock tower by river

Urgency to address low productivity and high labour market inactivity

The EY ITEM Club Scottish Winter forecast on Scotland’s economy, includes Scottish GVA, employment and the breakdown of sector performance.

06 Mar 2025 | Edinburgh, GBR | EY UK

Photograph of two joggers on a snowy lane in the peak district

UK economic growth downgraded after weaker-than-expected end to 2024

The EY ITEM Club Winter 2025 Forecast for the UK economy, with updates on UK Bank Rate, GDP forecast, inflation, house prices and business investment.

03 Feb 2025 | London, GBR | Rob Joyce

Scotland’s economic forecast weakens but central belt to buck trend

03 Dec 2024 | Edinburgh, GBR

UK economy growth slowed due to weak consumer spending

24 Oct 2024

Scottish GDP at highest since COVID-19 as economy grows

14 Aug 2024 | Edinburgh, GBR

EY ITEM Club Winter Forecast 2025

Download our latest report for a comprehensive analysis of the drivers impacting the UK economy. Explore insights on GDP forecasts, the labour market, inflation, interest rates and public borrowing.

Read more (PDF)

How EY can help

The team

Peter Arnold

EY UK Chief Economist
Economics leader with over 20 years of experience. Advises public and private sector clients on macroeconomics, policies, regulation and competition. Improves client strategies via analytics.
London, GBR

Silvia Rindone

EY UK&I Strategy and Transactions Managing Partner
Strategic mind with a pragmatic spin. Intellectually curious. Mother of two. Passion for art, food and travel.
London, GBR

Kirsten Tompkins

UK&I Market Analyst and Commentator, Turnaround and Restructuring Strategy, Ernst & Young LLP
Market analyst and blogger for Turnaround and Restructuring. Passionate about the role of sport to break down barriers and improve lives. Helps to run a local cricket club.
Birmingham, GBR

Scott McCubbin

EY UK&I IPO Leader
Leads EY’s UK&I IPO team. Experienced in delivering the largest IPOs in the UK. Passionate about supporting clients through the experience.
London, GBR

Ally Scott

EY Scotland Managing Partner and EY Entrepreneur Of The Year™ UK Partner Co-Lead, Ernst & Young LLP
Passionate about entrepreneurship. Recognised dealmaker with more than 30 years’ experience. Keen golfer.
Edinburgh, GBR

Sue Dawe

EY, Scotland, Head of Financial Services
Leads EY’s Financial Services practice for Scotland and is a member of the EY UK LLP Board. Also a member of the Scottish Financial Enterprise Board.
Edinburgh, GBR

Mats Persson

Partner, Strategy and Transactions, Ernst & Young LLP
Former Special Advisor to the Prime Minister and Chief of Staff to the Chancellor of the Exchequer.
London, GBR
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