Institution report lowers UK's future two-year economic growth forecast.

On April 28th local time, the UK economic forecasting agency EY ITEM Club lowered its economic growth expectations for the UK in 2025 and 2026 in its report. The agency predicts that the UK's economic growth in 2025 will be 0.8%, lower than the previous expectation of 1% three months ago; the economic growth expectation for 2026 is 0.9%, a decrease of 0.6 percentage points from previous expectations.