According to reports from Jinshi Data, Robert Wood, Chief UK Economist at Pantheon Macroeconomics, has downgraded the forecast for UK economic growth in 2025 and 2026, expecting GDP to grow by 0.9% and 1% respectively. Although the inflation rate fell to 2.6% in March, it is expected to rebound in the coming months, potentially reaching 3.4% in the second quarter before dropping to 3.3% by the end of the year. Under the impact of Trump's tariffs, Pantheon Macroeconomics expects the Bank of England to cut interest rates three times this year, including in May, June, and November.