Webinar

UK macro policy outlook

13 August 2025 – 1.00pm BST (London)

online

UK policymakers face some tough decisions in H2 2025. The MPC has been cutting Bank Rate gradually and now has to balance signs of fragility in the labour market against recent upside surprises on inflation. Meanwhile, a series of setbacks means it’s likely that the OBR will revise up its borrowing forecasts at the Budget in the autumn. But with the government already having increased taxation and pressure to increase spending coming from several angles, tightening fiscal policy will be easier said than done. In this webinar we’ll look at how policymakers may resolve these dilemmas.

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Speakers

Andrew Goodwin

Andrew Goodwin is the Chief UK Economist at Oxford Economics. He is responsible for Oxford Economics’ UK macroeconomic forecasting and analytical content. Andrew regularly comments on the UK’s economic outlook in print, online and broadcast media. Andrew has been with Oxford Economics since August 2008.

Before joining Oxford Economics, he spent three years working for Experian, where he managed the Regional Planning Service and produced UK macroeconomic forecasts from the national level down to local authorities. Before joining Experian, Andrew spent four years as a senior economist at the Confederation of British Industry (CBI).

Chief UK Economist

Edward Allenby

Edward is an Economist within the Macro and Investor Services team, contributing to Oxford Economics’ UK macroeconomic forecasting and analytical content. Prior to joining, Edward spent a summer working for Greencroft Economics as an Economic Analyst and undertook a year-long internship in HM Treasury’s Macroeconomic Research Group. He holds a MSc Economics from the University of Nottingham.

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