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.
The OBR’s new forecasts are likely to cheer the Chancellor, who will be able to trumpet upgrades to economic forecasts and downgrades to borrowing projections.
Quarterly UK Forecast
Silver lining in the storm clouds turns gold.
Strong rises in employment combined with very weak growth earnings mean first real pay rise since 2007, but don’t expect a return to boom time wage growth.
Quarterly Financial Services Forecast
The UK economic outlook is positive. GDP is rising, business investment strong, and export performance expected to improve. What does this mean for FS in 2015?
Scotland’s economy will continue to grow into 2015 following its strongest year since the financial crisis.