The UK's growth forecasts are likely to be revised up

Real GDP, £bn

Outturn

Resolution foundation updated GDP projection

OBR (Mar 2020)

BoE (Aug 2024)

£850bn

Forecast

750

650

550

450

2019

2021

2023

2025

2027

2029

Outturn

Resolution Foundation updated GDP projection

OBR (Mar 2020)

BoE (Aug 2024)

£850bn

Forecast

750

650

550

450

2019

2021

2023

2025

2027

2029