Quilter says UK annual GDP growth beats expectations at 2.1%
EWU•Quilter Cheviot’s Jonathan Raymond highlighted UK annual GDP growth of 2.1%, while monthly growth slowed to 0.1% in August from 0.4% in July.
EWU•EWU•EWU•Quilter Cheviot’s Jonathan Raymond highlighted UK annual GDP growth of 2.1%, while monthly growth slowed to 0.1% in August from 0.4% in July.
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, while three-month growth remained above forecasts. The IMF raised its UK growth forecast for 2026, citing the country’s deficit reduction program.
The resilient GDP figures reduce pressure on the Bank of England to rush interest-rate decisions as it balances inflation against growth. Market attention is on the Budget in less than two weeks, with the fiscal position remaining a concern.
