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  • Economy in brief: January 2024

Economy in brief: January 2024

Anna Leach Deputy Chief Economist, CBI

Your January guide to the UK economy, giving you a monthly overview of the major trends impacting the UK's main business sectors.

11 Jan 2024, 3 min read

No New Year cheer for the UK’s growth outlook

A fair amount of data has come out in recent weeks, adding to a raft of speculation regarding the outlook for the UK economy. GDP was revised down by 0.1% pts in Q3 to

-0.1% garnering much speculation regarding the risk of a technical recession should growth disappoint in Q4. The CBI’s latest survey data suggests that momentum improved in the three months to December, but nonetheless remained in negative territory. The improvem

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