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

14 July 2026, 18:34

Daily Summary: Lower inflation weakens the dollar and awakens gold and S&P 500 to gains

14 July 2026, 16:10

Fed Chair Kevin Warsh’s Q&A from Congress Testimony: Inflation stability is a key

14 July 2026, 15:02

Dollar sells-off following first US price drop in six years

14 July 2026, 14:51

Warsh's Address to Congress: Zero Tolerance for Inflation, But No Change in Interest Rates?

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