May Economic Update: Download the Latest Economic Review

Stay Informed: Download Our Latest Economic Review

The UK economy is navigating a complex landscape of falling inflation, rising household costs, and shifting business confidence. Our May 2025 Economic Review breaks down what happened in April – and what to watch for next – to help you stay informed and in control.

In this edition we cover:

  • Inflation falls to 2.6% – But don’t get too comfortable. Economists predict another jump as household bills and wage pressures bite in April’s figures.
  • UK growth surprises – The economy grew by 0.5% in February, the fastest monthly rate in nearly a year.
  • Retail recovery continues – Sales rose 1.6% in Q1 2025, boosted by sunny weather and demand for seasonal goods.
  • Labour market softens – Job vacancies fell below pre-pandemic levels for the first time since 2021, but pay growth remains strong at 5.9%.
  • Business confidence dips – Global uncertainty and trade tensions, including new US tariffs, are starting to weigh on future prospects.

Don’t miss out! Download the full report to stay ahead of the latest economic trends.

You can view previous editions of the Economic Review here.

The BBC is a great source for the latest market news.

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