As the UK looks ahead to more growth in 2025, the year could bring renewed challenges from a higher pace of inflation, increased trade frictions and a heightened state of economic uncertainty, according to KPMG.
UK GDP growth could more than double from 0.8 per cent in 2024 to reach 1.7 per cent this year, it noted.
A flare-up in trade frictions could lower UK GDP by 0.4 per cent.