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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

EY ITEM Club Autumn Forecast 2014

Autumn 2014

Uncertainty returns – but inflation stays at bay.

Special reports

EY ITEM Club special report

Special report on consumer spending

No consumer spending boom as workers face a lost decade of wage growth.

Quarterly Financial Services Forecast

ITEM Club Financial Services

Spring 2014

UK recovery looks firmer, but policy announcements and an expected interest rate rise from 2015 present challenges.

Scotland Forecasts

EY - Scottish ITEM Club summer update

Summer update 2014

EY Scottish ITEM Club upwardly adjusts its 2014 growth forecast in light of improved consumer confidence and an expected global economic upturn.

EY - Scottish ITEM Club forecast 2014

Forecast 2014

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.

EY - Economic Eye Summer 2014

Summer 2014

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.