EY have been sole sponsors of the ITEM Club for 25 years. It is the only non-governmental forecasting group to use HM Treasury's model of the UK economy. Our reports provide a detailed economic analysis and forecast of economic activity for the period ahead. They are independent of any political, economic or business bias.
Mark Gregory, Our Chief Economist, provides the business implications of these macro-economic forecasts. Our team includes around 40 economists, and we are well-placed to help you understand the implications of economic change for your business.
Quarterly UK Forecast
Uncertainty returns – but inflation stays at bay.
No consumer spending boom as workers face a lost decade of wage growth.
Quarterly Financial Services Forecast
UK recovery looks firmer, but policy announcements and an expected interest rate rise from 2015 present challenges.
EY Scottish ITEM Club upwardly adjusts its 2014 growth forecast in light of improved consumer confidence and an expected global economic upturn.
Scotland is enjoying its most sustained period of economic growth in three years, thanks in part to increased consumer spending.
Bi-annual Ireland Forecast
The Economic Eye is the only forecast that covers both North and South Ireland together.
An all-Island economic recovery is gathering momentum, with unemployment falling, improved consumer and business confidence, rising house prices and stock markets, and stronger inward investment.