Uk 2025. Unless corporate and consumer confidence recovers quickly, my best guess is that the uk economy will expand by no more than 1% this year, with a good chance that growth is. While the oecd still expects the uk to grow by 1.7 per cent in 2025, economists are becoming more concerned about the country's stagnating economy.
Our economists forecast the uk’s gdp to increase 1.2% in 2025, which is slower than the bank of england’s projection of 1.5% and just below the consensus estimate of economists surveyed by bloomberg of 1.3%. Today (monday 16 december) the chancellor has confirmed to the house of commons that the office for budget responsibility (obr) has been commissioned for an economic and fiscal.
