Feature Article: Growth may slow, but the consensus looks too weak.

The article discusses the economic outlook for the UK, predicting a slowdown in growth over the next few years due to fiscal policy tightening. Despite a strong recovery in the first half of 2024, consumer spending is expected to play a larger role in the future. Real wage growth is anticipated to remain strong, supporting household spending power. The government's fiscal policy decisions and monetary policy adjustments will significantly influence economic growth in the coming years. [Extracted from the article]