The National Institute of Economic and Social Research in the UK has raised this year's economic growth forecast for the UK to 1.4%

The National Institute of Economic and Social Research in the United Kingdom stated that it has raised its forecast for the UK economic growth in 2026 from 1.2% to 1.4%. The UK economy is now entering a period closest to normality in nearly a decade; it is expected that the Bank of England will cut its key interest rates twice this year to a "neutral" level of 3.25%.