Jeremy Hunt revises UK GDP forecasts

As British Chancellor of the Exchequer Jeremy Hunt has communicated, UK GDP will grow by 0.6% in 2023. It's worth remembering that recent projections suggested a 0.2% decline in GDP. Forecasts for 2024 and 2025 have also changed. Next year's gross domestic product is expected to show growth of 0.7% compared to an earlier report of 1.8%. In 2025, GDP is expected to grow by 1.4% (previously suggested to rise to 2.5%).

On the broad FX market, the British pound is doing very well today.

Source: xStation

11 September 2026, 07:28

GBPUSD rises after UK GDP and industrial production data

10 September 2026, 16:42

Pick of the week: USD/JPY

10 September 2026, 15:09

Oil prices surge to $105 as bond market sell off could wipe out UK Chancellor’s fiscal headroom

10 September 2026, 14:20

ECB won’t commit to future hikes, which weighs on the euro

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