IMF Executive Board completed the 2026 Article IV consultation on 16 July, praising UK resilience despite external shocks.
The OECD published its Economic Survey of the United Kingdom 2026 on 15 July, examining performance amid global uncertainties and structural constraints.
UK total retail sales rose 1.9% year on year in June 2026, slowing from 3.7% in May, with like-for-like growth of 1.7% missing expectations.
The IMF now projects UK GDP growth of 1.0 per cent for 2026, an increase from its April forecast, placing Britain third in the G7 behind the United States and Canada.
