United Kingdom Business Forecast Report Q1 2014 - New Study Released

From: Fast Market Research, Inc.
Published: Thu Nov 07 2013

The economy is recovering, but with fiscal cuts looming and unemployment stubbornly high, the rate of growth will be fairly tepid by historical standards.

In light of positive structural economic reforms undertaken by the government, coupled with flexible monetary and exchange rate policies, we remain bullish on the long-term economic prospects for the UK relative to the eurozone over the longer term.

Despite numerous ructions between the ruling Conservatives and Liberal Democrats, we expect the coalition government to hold firm through to the next parliamentary election in 2015.

Major Forecast Changes

We have revised up our 2013 real GDP estimate to 1.5% from 1.1% and have upped our 2014 forecast to 1.8% from 1.4% previously.

Key Risks To Outlook

Downside Risks To Medium-Term Growth: There are significant downside risks to our economic growth forecasts, particularly stemming from the impact of fiscal consolidation and the eurozone sovereign debt crisis.

Full Report Details at
- http://www.fastmr.com/prod/713423_united_kingdom_business_forecast_report_q1_2014.aspx?afid=303

Upside Risks To Inflation: Should the pound remain broadly weak and global commodity prices edge higher, we would warn of upside risks to our inflation forecasts. Although there is little scope for a substantial and sustained surge in inflation, we believe that there are risks of inflation remaining stubbornly above target.

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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