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.
EY ITEM Club is part of Economics for Business, which provides knowledge, analysis and insight to help businesses understand the economic environments in which they operate, both in the UK and within the Global economy.
Quarterly UK Forecast
Consumer spending will continue to drive GDP growth, but growth to slow from 2017.
The UK economy will avoid the threat of stagnation, with business investment levels to reach a record high.
New fiscal rules could pose significant risks to UK economic growth.
Quarterly Financial Services Forecast
The ITEM Club outlook for FS sees encouraging economic growth, but changes announced in the Summer Budget present both challenges and opportunities for financial services.
Scotland’s economic growth needs to find a better balance.