Uk Economy 2025 Forecast. Economists at ubs think the boe will cut interest rates cautiously for. In other words, the base case for the uk economy remains positive in 2025, but the risks are definitely tilted to the downside.

Uk gdp growth could rise to 1.7% in 2025, with the large and frontloaded fiscal expansion announced in the uk autumn budget fuelling a temporary surge in domestic demand. They continue to think that the boe will ultimately cut further than the current market pricing of 4% for the terminal rate.