The truth about the UK economy in 2025
It is not the story that the chancellor would like to tell you
It is not the story that the chancellor would like to tell you

A huge pessimistic bias in our national accounts leads us to doom and gloom which turns out to be nonsense

Entrepreneurs are more optimistic than the headlines about the UK’s economic potential

Our economy remains highly fossil fuel-dependent partly because we are not electrifying in the desired way

As with Brexit, public anger could swing behind the idea that we need to take back control

Reassessing taxes and spending every six months introduces excessive policy uncertainty

The UK capital is subject to more than its fair share of misinformation