UK Economic Outlook

July 2015

The latest edition of our UK Economic Outlook projects that the UK economy should continue to grow at a steady rate in 2015 and 2016, but there are downside risks from continued volatility in the international economy.

We also look in detail at the outlook for the UK housing market and ask if the recent rise in 'Generation Rent' will continue. Our senior economic adviser, Andrew Sentance, also tries to unravel the puzzle of why services sector productivity growth appears to have been relatively weak in recent years, pointing to the importance of trade in explaining differences in productivity performance across sectors.