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 report
EY ITEM Club Spring Forecast 2018
UK economic growth – stable but sluggish
EY ITEM Club expects GDP growth of 1.6% in 2018 with the UK economy steady but uninspiring despite some improved conditionsRead more
Explore our insights
EY Scottish ITEM Club Summer Update 2018
A mixed outlook for Scotland with economic growth gathering momentum but still not matching the UK.
Latest UK forecast
Winter 2017-18: Is the UK over the worst, but struggling to accelerate?
Bi-annual Financial Services forecast
Summer 2017: UK financial services set for slowdown next year, with only a gradual pickup in growth predicted in the latter stages of the decade.
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