The economy

Thinking beyond the here and now

Changes in the global economy, society and the environment will all lead to surprising implications for business. Those which innovate and adapt today stand the best chance of success.

So what are the prospects for the UK and other economies, and what issues does your business need to consider?

We help understand how big economic, demographic, social, and environmental changes affect organisations and people by setting out scenarios that identify growth opportunities and risks on a global, regional, national and local level.


The economy insights

The economy: what does the future look like?

In this section of the report we describe recent developments in the UK economy and review future prospects.

[10-03-2014]


UK Economic Outlook - March 2014

We are now firmly on the road to recovery but businesses shouldn’t be complacent.

[09-03-2014]


UK Economic Outlook March 2014: Summary report

Prospects for the UK economy plus in-depth analysis of reshoring opportunities and living standards.

[07-03-2014]


What should businesses be doing to adapt to the economic situation?

Video discussion looking at the latest edition of our UK Economic Outlook.

[07-03-2014]


Reshoring - a new direction for the UK economy

Reshoring is picking up in some sectors of the economy driven by shifting consumer preferences, a reduction of the wage gap with emerging economies, volatile international transport costs and a desire by management to better control quality and supply chain risks.

[07-03-2014]


Living standards – is the 'big squeeze' nearly over?

The recovery so far has been rich in jobs, but poor in productivity and wages. Real wages have declined sharply since 2008 and are unlikely to return to their pre-crisis peaks until around 2020.

[07-03-2014]


UK Economic Outlook – what should business be doing to cope with the economic situation

UK Board member for the regions; Stephanie Hyde interviews John Hawksworth, chief economist, and Matthew Tod, partner and specialist in retail & consumer.

[18-11-2013]


UK Economic Prospects

In this section of the report we describe recent developments in the UK economy and review future prospects.

[07-11-2013]


How the services sector is rebalancing Britain’s economy

The rebalancing of the UK economy appears to be taking place primarily within the services sector. Public administration and financial services have contracted significantly in terms of output and employment in the past four years, but this has been more than offset by strong growth in professional, business and support services and the health sector.

[07-11-2013]


UK Economic Outlook November 2013: Summary report

The central message of our latest UK Economic Outlook is that the recovery now looks much more secure than earlier in the year, although there may still be some bumps along the way.

[07-11-2013]


Consumer spending trends to 2030

Total consumer spending accounts for over 60% of UK GDP and is therefore critical from a macroeconomic perspective. And from a business perspective, it also matters greatly what proportion of total spending is allocated to particular categories like food, clothing, housing and utilities, transport and education.

[07-11-2013]


Is the UK housing market on the road to recovery?

This article looks at national and regional trends in the UK housing market and presents our updated house price model including projections to 2023. We also provide a brief synopsis of the recently announcedHelp to Buy scheme and early reactions to it. We have incorporated insights from our experts on the house building and mortgage lending industries in addition to those of our economics team.

[11-07-2013]


UK Economic Outlook July 2013: Summary report

The latest issue of our UK Economic Outlook report, has one central message – there is light at the end of the tunnel.

[11-07-2013]


The trillion pound question – are gilts the next bubble to burst?

The total UK government debt stock is now around £1.2 trillion, having more than doubled in cash terms since 2007. The great majority of this debt (more than £1 trillion) is in the form of gilts.

[11-07-2013]


UK Economic Prospects

In this section of the report we describe recent developments in the UK economy and review future prospects.

[11-07-2013]


Outlook for the public finances and options for the Budget

Our analysis gives projections for the public finances and considers the implications for the Chancellor’s options in the March 2013 Budget.

[07-03-2013]


UK Economic Outlook March 2013: Summary report

Prospects for the UK economy plus an in-depth analysis of the state of public finances and inward investment.

[07-03-2013]


Prospects for the UK economy

Prospects for the UK economy plus an in-depth analysis of the state of public finances and inward investment.

[07-03-2013]


Attracting the BRICs: past trends and future prospects for inward investment into the UK

In 2011, emerging economies contributed around 10% of total global outward investment flows, up from less than 1% in 2000.

[07-03-2013]


UK Economic Outlook: November 2012

The latest UK economic outlook PwC featuring commentary from John Hawksworth and Andrew Sentance

[06-11-2012]