Outlook for UK Households, the Devolved Nations and the English Regions

Eliza da Silva Gomes (), Adrian Pabst () and Tibor Szendrei ()

National Institute UK Economic Outlook, 2025, issue 19, 49-67

Abstract: One year after the General Election, the Government still lacks a guiding narrative that can anchor a more ambitious policy programme. A total of £113 billion worth of public investment announced in the Comprehensive Spending Review (CSR) on 11 June is welcome (HMT, 2025b; NIESR, 2025). But the economic policy debate focuses too much on the instruments of fiscal policy and not enough on the outcomes for UK households, regions and sectors.

Date: 2025
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