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

UK Economic Outlook July 2014: Prospects

Prospects for the UK economy including analysis of economic growth, inflation and interest rates.

[09-07-2014]


UK Economic Outlook July 2014: The UK’s standing in the world

Assessment of the future position of the UK economy in global GDP rankings to 2030 and analysis of the broader strengths and weaknesses of the UK compared to the other G7 economies using PwC ESCAPE index.

[09-07-2014]


UK Economic Outlook July 2014: UK house prices: bubble or no bubble?

Recent developments in the UK housing market including national and regional house price projections to 2020 and policy options

[09-07-2014]


UK Economic Outlook July 2014: Summary

Prospects for the UK economy plus in-depth analysis of house prices and the UK’s performance relative to other G7 economies

[09-07-2014]


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 - July 2014

PwC report on trends and prospects for the UK economy including in-depth analysis of house prices

[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]


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]


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]


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]


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 Prospects

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

[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 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]


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]