Is the UK economy set for a surprise rebound?

While the UK Chancellor faces significant challenges ahead of the 31 October Budget, concerns about an economic downturn may be exaggerated. Despite rising energy bills, a missed interest rate cut by the Bank of England, and increasing public sector costs, there are signs of resilience in the economy. With real incomes growing and mortgage rates falling, economic activity is set to recover. A cautious budget may raise taxes but is unlikely to dampen overall demand significantly, and forecasts for UK growth may prove too pessimistic. Explore why some believe the UK economy will outperform...