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United Kingdom

Country Report; March 2014

The Economist Intelligence Unit
EIU, 2014
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Editorial Rating

7

Qualities

  • Scientific
  • Overview
  • Visionary

Recommendation

Slow but steady growth that might stagger in the medium term characterizes the 2014–2018 Economic Intelligence Unit (EIU) forecast for the United Kingdom. The EIU notes the upcoming 2014 Scottish independence vote and the 2015 general election as important milestones but predicts no changes. Concerns include the country’s possible exit from the European Union and its continuing austerity that keeps stymies a strong recovery. getAbstract recommends the report’s succinct insights to executives and investors interested in the UK’s prospects.

Take-Aways

  • The United Kingdom’s sometimes strained Conservative–Liberal Democrat coalition has managed to govern effectively, despite struggles to upgrade health care, improve education and adjust the welfare system.
  • Notable upcoming votes include Scotland’s 2014 independence referendum, a 2015 general election and a 2017 vote on EU membership.
  • The UK economy is solidifying: Estimated 2014 GDP growth of 2.8% will improve on 2013’s 1.8% performance. But the medium term is uncertain, as austerity and high household indebtedness constrain growth.

About the Author

The Economist Intelligence Unit is an independent research and analysis organization.

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