Be it better prospects for consumer spending or the tentative signs of rising productivity, the doom and gloom of 2025 could be behind us
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talling growth, sticky inflation and fragile bond markets, the UK’s economic record in 2025 has hardly been one to inspire cheer. But in the spirit of the festive season, here are a few reasons to hope for a happier new year.
The first is that, barring external forces, 2026 should not involve a repeat of this year’s fiscal drama.
Rachel Reeves more than doubled the margin of error, or headroom, against her fiscal rules at last month’s budget, and that should gift the Treasury a quieter 2026.
