Uk Economy Forecast 2024. Uk gross domestic product (gdp) is estimated to have increased by 0.1% in quarter 3 (july to sept) 2024, following growth of 0.5% in quarter 2 (apr to june) 2024. ยฃ923bn the potential gdp uplift by 2035 in 2023 price terms if the.
Our latest forecast expects that the uk economy will grow at a moderate pace over 2025 and 2026. Bank of england to take a more cautious approach to easing monetary policy, taking the base rate to 3.5% by the end of 2025.