In the quarter to November 2024, wage growth across the economy remained strong, unemployment and employment levels both increased, and economic inactivity marginally fell but remains high. This ...
Our latest forecast projects that UK GDP will grow by 0.9% in 2024. Looking ahead, economic activity will increase at a steady, but unimpressive, pace of 1.6% in 2025 and 1.5% in 2026.
Trade is essential for the UK economy – with exports accounting for 31% of total GDP – and yet our share of global trade has been declining. Trade enables companies to find new sources of revenue, ...
Louise is the Chief Economist at the CBI and a member of its Executive Committee. She and her team provide business leaders with advice on the UK economic outlook and global risks. Building on the ...