• 📉 UK Economic Growth: Outlook 2025

  • Jan 5 2025
  • Length: 17 mins
  • Podcast

📉 UK Economic Growth: Outlook 2025

  • Summary

  • Goldman Sachs forecasts UK economic growth to be weaker than expected in 2025, at 1.2%, due to several factors: trade uncertainties with the United States, a less expansive budget and reforms to the urban planning system. Despite this, a decline in inflation is anticipated, leading Goldman Sachs to predict larger interest rate cuts than the market expected, up to 3.25%. The impact of urban planning reforms on productivity and long-term growth remains uncertain. Finally, the article highlights the importance of trade relations with the United States and the European Union for the British economy

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