Key Insights
01
The UK economy grew by 1.1% in 2024, up from 0.3% in 2023.
02
Services sector led growth with a 1.3% increase; production declined by 1.7%.
03
Construction sector expanded by 0.4% in 2024.
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AI Analysis
Medium Risk
The UK economy is expected to continue its modest growth trajectory in 2025, with projections around 1.3%. This trend suggests a stable economic envir...
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Market Outlook
Short-Term
In the short term, the UK's modest economic growth may lead to cautious consumer and business spending, potentially affecting sectors sensitive to economic cycles.
Long-Term
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Affected Sectors
ServicesConstructionManufacturing
Recent News
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