United Kingdom Economic Snapshot

2 May 2024

Latest Economic Outlook Note – United Kingdom

September 2023

Economic Policy Reforms: Going for Growth 2023 - United Kingdom

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Economic Survey of the United Kingdom (August 2022)

The UK economy recovered from the COVID-19 shock thanks to emergency support measures protecting jobs and incomes and a rapid vaccine rollout, but is slowing amid persisting supply shortages and rising inflation. Fiscal policy has to balance gradual tightening with providing well-targeted temporary support to households who are vulnerable to rising costs of living, supporting growth and addressing significant investment needs. Accelerating progress towards net zero is fundamental to enhance energy security. The United Kingdom is among world leaders in reducing domestic greenhouse gas emissions, has a strong institutional framework and a broad political consensus supporting the target to reduce net emissions to zero by 2050.

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