Curated Capital sees UK growth near 2% in 2027, outpacing OBR forecast
Bitget2026/11/04 19:18- UK economic growth could approach 2% in 2027, nearly double the Office for Budget Responsibility's 1% forecast.
- Stronger productivity and business investment underpin the outlook, challenging the OBR's reliance on potentially overstated employment figures.
- The energy price squeeze is nearing its peak; a Gulf peace settlement could accelerate inflation declines and trigger interest rate cuts.
- Any interest rate increase this week is expected to be the cycle's last, contrasting with market expectations of 4.75% in 2028.
- Stronger growth could bring the current budget into surplus by fiscal 2028-29, helped by revenue gains from frozen tax allowances.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BUZZ-IIFL Finance rallies to a two-month high, boosted by Blackstone deal
The “outlier” in the AI capital expenditure frenzy: Apple (AAPL.US) keeps spending flat, accounting for less than 5% of sales
Apple continues to stand out among major tech peers, largely avoiding the aggressive wave of capital expenditure associated with artificial intelligence (AI) infrastructure.
Youth Employment Declines for 48 Consecutive Months: Behind the Semiconductor Boom, Young South Koreans Are Being Left Behind by the Times
In South Korea, the unemployment rate in October fell to a three-year low of 2.5%. However, the number of employed people decreased by 50,000, youth employment has declined for 48 consecutive months, and domestic demand remains weak.
Crypto prices
More
