Global Economy Challenges, Elections, and a Taxing Budget
In 2024, global challenges shaped the economy, with modest growth projected. Key elections, including Trump’s US return, drove political shifts, while the UK introduced tax hikes under its new Labour government.
News in review
This week’s News in Review takes a closer look at some of the key Budget announcements and weakening retail sentiment
Opinion on the year ahead
The IMF forecasts stable but modest growth in 2025, with inflation easing. Emerging markets, particularly India, will drive expansion, while risks remain high, especially with potential US tariffs under Trump.
Commercial Property Market Review
UK commercial property faces shifting taxes, rising regional office rents, resilient West End investment, and growing demand for let-ready space
A snapshot of 2024 in numbers
In 2024, global inflation is set to decrease, with the US, China, and India leading the world’s top economies. Markets showed resilience despite geopolitical challenges and rising AI and energy transition progress.
News in Review
UK GDP unexpectedly shrank in October as production fell, Budget uncertainty lingered and rate cuts may be on the cards.
News in Review
Interest rates edge lower, tax relief eases pressure on farmers, retail footfall rises and the FTSE breaks new ground
Year in Review
Our Year in Review document takes a closer look at key events in 2025 impacting the global economy and markets, and looking ahead to what 2026 may have in store.
News in Review
This week’s News in Review highlights easing inflation, rising savings protections and key developments ahead of Budget Day.
Residential Property Market Review
Tax changes, tenancy reform and shifting buyer support signal significant structural change across the UK housing market.
