Global headwinds threaten UK’s economic resilience

While the economy has shown remarkable resilience to higher energy prices and borrowing costs so far this year, we still think the coming rise in inflation will lead to an easing in GDP growth from 1.5% in 2026 to 1.0% in 2027. The risk is that global headwinds, from energy prices, the US midterms and the French bond market turmoil, dent UK growth by more. 

In two 20-minute online sessions, we’ll be previewing what the Budget could mean for the economy and markets at 3pm BST on Thursday 22^nd October (register here) and discussing what was announced in the Budget at 3pm GMT on Wednesday 28^th October (register here).