Summer 2025 Press Conference
Event Type
- This event has passed.
This press conference will present the main findings from our Summer 2025 UK and Global Economic Outlooks.
Please note that this event is strictly reserved to press.
The material provided will be embargoed until 00.01am Wednesday 6th August.
With the UK’s public finances deemed to be in a “relatively vulnerable position”, persistent inflation and sluggish economic growth, the choices facing the Chancellor ahead of the autumn Budget continue to narrow. How, given the rigid adherence to the fiscal rules and need to restore market confidence, will the Chancellor make the books balance to give herself sufficient headroom? Are tax-rises now almost inevitable and, if so, what are the options available? And, with the Government pledging to boost living standards in every part of the UK, how is it currently performing?
Globally much of the focus remains on the impact of tariffs on world trade. However, what has been the effect of some of President Trump’s other policies on global growth, and how has this increased policy uncertainty affected both the advanced and emerging economies? How will the Fed respond to the elevated US inflation, what are the likely long-term impacts of the “One Big Beautiful Bill’ Act, and, with already high levels of public debt, how will European economies respond to the need to increase their defence spending?
These are just some of the questions our experts will consider as they explore the underlying economic trends and discuss likely policy responses.