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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.

EY ITEM Club Autumn Statement reaction - December 2014

Autumn Statement reaction

Here is yet another Chancellor applying to join the magic circle.

Quarterly UK Forecast

EY ITEM Club Winter Forecast 2014-15

Winter 2014-15

Silver lining in the storm clouds turns gold.

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 Forecast 2015 print version

2015 Forecast

Scotland’s economy will continue to grow into 2015 following its strongest year since the financial crisis.

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.

Bi-annual Ireland Forecast

The Economic Eye is the only forecast that covers both North and South Ireland together.

EY - Economic Eye Winter 2014

Winter 2014

Our EY Economic Eye Winter Forecast 2014 sees a rapid recovery, but all is not yet back to normal, and risks remain.