Post by CBI (Confederation of British Industry)
41,585 followers
πThe UK economy is losing momentum and the warning lights are flashing. Our latest CBI Economic Forecast shows growth slowing, inflation rising again, and businesses holding back on investment. π Growth is now expected at 1.1% in 2026, falling to 0.9% in 2027 π Inflation set to increase towards 4% π Hiring and investment remain subdued amid high costs and uncertainty While global pressures appear to have eased following the welcome signing of the US-Iran memorandum of understanding β helping to bring down energy prices and support global markets β markets remain highly sensitive to developments in the Middle East. It is ultimately the UKβs domestic choices that will make the biggest difference from here. Our message to the government is clear: act now to restore business confidence, ease cost pressures, and create the conditions for firms to invest, hire and grow. You cannot fix the cost-of-living challenge without tackling the cost of doing business. Looking ahead the CBI calls on the government to remain focused on delivery and implementation.β― For strong, stable economic growth you need strong, stable, consistent government. Because when business succeeds, the whole economy grows. βΆοΈ Hear directly from our Deputy Chief Economist Alpesh Paleja to find out what needs to change next. If this resonates, join the CBI in calling for action to unlock growth π https://lnkd.in/eCia4wwU
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