New Rules

The NatWest Economic Update outlines recent developments in the UK, Eurozone, and U.S. economies, with a focus on fiscal changes and energy outlook. Key insights include:

• UK PMI fell to an 11-month low, signaling growth challenges ahead of budget announcements and new fiscal rules.
• The Eurozone’s economy remains stagnant, with confidence indicators slipping, prompting speculation about further ECB rate cuts.
• The IMF forecasts strong UK growth at 1.1% for 2024, while solar power is projected to lead global electricity supply by the 2030s.

For further analysis of fiscal strategies and economic projections, access the full report.