According to a report by Jin Ten Data, HSBC pointed out that despite the UK's 0.7% economic growth in the first quarter exceeding expectations, there may be a downturn in the future due to global uncertainties. One-time investments have driven robust investment, but trade in the second quarter may decline due to prior export burdens.

In addition, rising utility costs and increased corporate labor costs due to wage taxes and minimum wage adjustments will also impact the economy. Nevertheless, the economic growth in the first quarter remains strong, with inflation decreasing and the labor market remaining resilient. The Bank of England expects economic growth of 0.6%, which will support its "cautious and gradual" interest rate cut strategy.