Quilter says UK annual GDP growth beats expectations at 2.1%
Bitget2026/10/15 08:11- Quilter Cheviot’s Jonathan Raymond highlighted stronger-than-expected UK annual GDP growth of 2.1% in analysis published October 15, 2026.
- Monthly GDP growth slowed to 0.1% in August from 0.4% in July; three-month growth remained above forecasts.
- The IMF raised its UK growth forecast for 2026, citing the country’s deficit reduction program.
- Resilient GDP figures reduce pressure on the Bank of England to rush interest-rate decisions as it balances inflation against growth.
- Market attention centers on the Budget in less than two weeks, with the fiscal position remaining a concern.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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