How the UK can move beyond economic stagnation and contraction in 2024
The latest EY ITEM Club Spring Forecast explores if the conditions are right for the UK to exit the economic stagnation and contraction that have loomed over the nation since 2022.
Following the recent disappointing news that the UK ended 2023 in recession, there are indications that the country began an early recovery in January, which continued into February and March.
Our speakers provide a comprehensive overview of the EY ITEM Club Spring Forecast 2024, debating the positive and negative forces influencing the UK’s economic recovery from recession.
This 60-minute webcast will:
- Review the positives: fast-falling inflation, rising real household incomes, and actual and prospective cuts in interest rates and taxes.
- Debate the negatives: the continued elevation of the cost of living, the slow impact of interest rate reductions and the tax burdens that are still present following the recent Budget.
- Predict the UK’s economic position by the end of the summer and of 2024.
For more information, read the full UK Economic forecast.
Presenters
Peter Arnold
EY UK Chief EconomistWebcast
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