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UK GDP rose by 0.7% in the three months to April, accelerating for the fifth consecutive rolling-quarter. This leaves GDP 1.1% higher than in April 2025. But the strong quarterly growth figure masks a fall in output in April.
ā What role do universities really play in delivering the UKās growth ambitions?
Thatās what @OfficialUoM tasked us to explore, looking at how universities support business growth through innovation and collaboration.
Download the full report now š cbi.org.uk/articles/unlockinā¦
š¢New CBI UK economic forecast is out š¢
We expect GDP growth to slow from 1.4% in 2025 to 1.1% in 2026 and 0.9% in 2027, as the Iran conflict pushes up inflation and weighs on private sector demand.
What you need to know š§µš (1/8)
The labour market is projected to continue cooling, in line with signals from payrolls and CBI survey data. Private sector employment will be held back by high labour costs and muted activity, and the unemployment rate is projected to peak at 5.5% in late 2026 / early 2027. (4/8)
The downgrades to GDP growth relative to our December forecast primarily reflect the impact of the Iran conflict. The main channel is higher energy prices for households and businesses, alongside increased costs for non-energy commodities and disruption to supply chains. (2/8)
Inflation is expected to rise towards 4% by late 2026, on the back of higher fuel pump prices and household energy bills. These costs also feed through to food, hospitality, and leisure prices. Inflation gradually slows over 2027 but remains above the BoE's 2% target. (3/8)
We expect that Bank Rate will stay at its current level of 3.75% through 2027, as the BoE's MPC balances the inflationary pressures from the Iran conflict against weak domestic activity and a loosening labour market. (7/8)
The latest CBI Economic Forecast šhas downgraded growth to 1.1% in 2026 and 0.9% in 2027, citing higher energy costs, geopolitical tensions, and weaker business confidence. Inflation is expected to approach 4%, while investment and hiring remain subdued.
bit.ly/3QsnCk8
Last night was a great evening at #CBIDinner26 where hundreds of business leaders heard from Chief Secretary to the Prime Minister, @darrenpjones. Thanks to our strategic partner @LloydsBank for making the evening possible!
ALT CBI National Business Dinner 2026
ALT The Rt Hon Darren Jones MP speaking with CBI Chair, Cressida Hogg CBE at the CBI National Business Dinner 2026
ALT CBI National Business Dinner 2026
ALT CBI Chief Executive, Rain Newton-Smith, at the CBI National Business Dinner 2026
Our CEO @RainNewtonSmith spoke to business leaders and politicians at #CBIDinner26 this evening warning that rising business costs and a record tax burden are pushing firms towards a tipping point. Read her speech here šcbi.org.uk/media-centre/artiā¦
Excitement is building at hashtag #CBIDinner26 in central London. Networking is in full swing, as guests look forward to hearing from Chief Secretary to the PM @darrenpjones, and to connect with business leaders from every nation, region and sector across the UK.
At this evening's #CBIDinner26 in central London, our CEO @RainNewtonSmith will warn that rising business costs and a record tax burden are pushing firms towards a tipping point ā ā putting growth, jobs and investment at risk. Read what she has to say šcbi.org.uk/media-centre/artiā¦
š In May, the CBI delivered for business
Securing faster infrastructure delivery, easing cost pressures, shaping government decisions with member insight, and advancing growth priorities across the UK.
š orlo.uk/JN8Ek
š Great to see this new report from @ECIU_UK on the value of the UKās net zero economy ā with expert analysis from @CBI_Economics.
Find out how @CBI_Economics can help your business here š orlo.uk/5OEGW
ā What is the net zero economy really worth to the UK?
Thatās what @ECIU_UK tasked us to find out through the most comprehensive independent assessment yet of the net zero economy in 2025.
Download the full report now š cbi.org.uk/articles/net-gainā¦
š¢ New CBI Spotlight webinar | UK Growth Outlook ā Look Ahead to Autumn Budget
Join us for an expert discussion on the UKās economic outlook and what businesses should expect in the run-up to the Autumn Budget.
š 17 June
ā° 11:30ā12:15
Register: orlo.uk/bwXO2
ALT CBI Spotlight Webinar: UK Growth Outlook - look ahead to Autumn Budget | 17 June 2026, 11:30-12:15
š¢The best way to protect households is to reduce the cost of doing business, strengthen UK competitiveness, and give firms the confidence to invest, hire and grow.
Chief Economist @louisehellem gives her thoughts on the Chancellorās latest statement š
cbi.org.uk/media-centre/artiā¦
The latest CBI Industrial Trends Survey showed that output volumes fell in the three months to May. Manufacturers expect output volumes to fall again in the three months to August.
Total order books were reported as the weakest since September 2020. The volume of export orders was also seen as below ānormalā and well below the long-run average.