Your May guide to the UK economy, giving you a monthly overview of the major trends impacting the UK's main business sectors.
10 May 2024, 3 min read
In search of the UK’s economic mojo
The last few weeks we’ve had global economic updates from both the IMF and the OECD, an economic speech from the Shadow Chancellor and updated forecasts from the Bank of England. Notwithstanding the Q1 GDP preliminary estimate showing the UK decisively exiting recession, the growth outlook for the UK seems decidedly moribund. Both the IMF and the OECD have downgraded their growth forecasts for the UK this year expecting 0.5% and 0.4% growth respectively, with grow
