EY ITEM Club

In Growth

The EY ITEM Club is a leading UK economic forecasting group.

We produce quarterly economic UK forecasts, special reports and forecasts for Scotland and the financial services sector. We also deliver daily analysis on UK economic data.

EY has been sole sponsor 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, which provides knowledge, analysis and insight to help businesses understand the economic environments they operate in.

Featured press releases

Regional UK economic growth gap to widen, with Southern England ahead

Economic momentum is set to return to all parts of the UK between 2024 and 2027, but London and the South East are forecast to see faster GVA growth than the UK average.

4 Mar 2024 London GB

Scotland household finances to improve with interest rates cut

The EY ITEM Club Scottish Winter Forecast sets out latest economic performance and predictions for Scotland, including GVA, labour market, inflation, interest rates and sector forecasts.

5 Feb 2024 Edinburgh GB

UK economy stagnation should start to fade in 2024, says EY ITEM Club

The EY ITEM Club Winter Forecast sets out predictions for UK GDP, consumer spending, inflation, business investment, and more.

22 Jan 2024 London GB

High interest rates weigh on GDP, but the UK should still avoid recession, says the EY ITEM Club

The EY ITEM Club’s Autumn 2023 Forecast sets out predictions for UK GDP, consumer spending, inflation, business investment, and more.

16 Oct 2023 London GB

Rising interest rates prompt the EY ITEM Club to downgrade its UK growth forecast for 2024 – but 2023 growth prospects improve

The EY ITEM Club has more-than halved its forecast for 2024 UK economic growth. In its new Summer Forecast, the EY ITEM Club says the UK economy will grow just 0.8% in 2024 – down from the 1.9% growth projected in the Spring – as a result of the impact of rising interest rates. Positively, the forecast for 2023 has been upgraded from 0.2% growth to 0.4%.

24 Jul 2023 London GB

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