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26th May 2026 10:06UKDaily Monitor
  • Consensus-beating headline GDP growth in Q1 was boosted by a post-Budget rebound in activity.
  • We see few reasons, however, to challenge the data on grounds of residual seasonality.
  • Rather, tariff front-running, tax changes and pre-Budget uncertainty explain recent growth trends.

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Keywords for: 27 May 2026 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence