UK economic forecasts
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 for Business, which provides knowledge, analysis and insight to help businesses understand the economic environments they operate in.
Our latest forecast
Rebalancing the economy: a complex challenge
Our Regional Economic Forecast finds UK growth will be more geographically balanced over the next three years, but cautions that rebalancing is a complex challenge.Read more
Explore our insights
UK Regional Economic Forecast
UK growth will be more geographically balanced over the next three years, but rebalancing is a complex challenge.
EY Scottish ITEM Club Forecast 2019
Despite a strong performance in 2018, Scotland’s economic growth in 2019 is forecast to fall behind the UK’s as its labour market weakens and business investment falters.
Latest UK forecast
Autumn 2018: Can the economy overcome heightened Brexit uncertainties?
Bi-annual Financial Services forecast
Summer 2018: Outlook for UK FS not very encouraging, but cooperation will weather the storm.
EY Scottish ITEM Club Summer Update 2018
A mixed outlook for Scotland with economic growth gathering momentum but still not matching the UK.
Special report on consumer spending
UK consumer spending growth more than halved to 1.4% in 2017 from 2.9% in 2016 – the smallest increase since 2011.
Special report on business investment
October 2017: Securing a transitional agreement with the EU is critical for the UK’s business investment outlook.
View our previous special reports which focus on the labour market, consumer spending and other topics.
Economics for Business
View all our economic insights which provide knowledge and analysis to help businesses understand the economic environments they operate in.Find out more