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National Institute of Economic and Social Research

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Namestring
National Institute of Economic and Social Research
Legal namestring
National Institute of Economic and Social Research
Websiteurl
niesr.ac.uk
Company typeenum
Private
Founded yearint
1938
Descriptiontext

The National Institute of Economic and Social Research (NIESR) is an independent, non-profit economic research institute and think tank headquartered in London, United Kingdom, founded in 1938. It conducts macroeconomic forecasting and policy analysis on the UK economy, producing projections on GDP growth, inflation, unemployment, fiscal policy, and structural economic issues including migration and energy shocks. Its core technology comprises macroeconomic modeling, statistical analysis, and scenario planning methodologies that generate independent, non-partisan forecasts used by policymakers, financial institutions, and media.

NIESR's research outputs are distributed through its website (niesr.ac.uk), direct engagement with UK government departments including HM Treasury and the Bank of England, and through citations in major financial media including the Financial Times, Wall Street Journal, Reuters, and Bloomberg. Its forecasts are explicitly referenced as inputs into UK gilt market pricing and monetary policy decisions. The institute has also produced cross-border research, partnering with Ireland's Economic and Social Research Institute (ESRI) to model the impact of US tariffs on Northern Ireland's economy through 2030.

The institute operates as a non-profit with a recurring revenue model based on research publication subscriptions and forecasting services. Its headcount is in the 11-50 range, with leadership including President Charles McIntyre. NIESR does not offer a software platform, SaaS product, or commercial technology suite; its outputs are economic research reports, forecasts, and policy recommendations distributed through traditional publishing and institutional channels.

Short descriptiontext

NIESR is an independent UK economic research institute founded in 1938 that produces macroeconomic forecasts and policy analysis on GDP, inflation, unemployment, and fiscal policy for UK government, central banks, and media.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
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United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
economic research, macroeconomic forecasting, policy analysis, fiscal research, economic publications
Industry2 codes
PRIMARYBPAHALAD
Economic & Macroeconomic Research
SECONDARYFSACAGAC
Macro & Rates Research
Financial & Insurance/Capital Markets & Securities/Securities Research & Analytics
Product category
Economic Research and Forecasting Services
Revenue model1 record
1Research Publications and Forecasting Services
TypeSubscription Recurring
Description

NIESR generates revenue through publishing economic research reports, forecasts, and analysis on UK macroeconomic indicators including inflation, unemployment, GDP growth, and fiscal policy impacts. The institute provides economic intelligence to policymakers, financial institutions, and media outlets.

wsj.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

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Cost components4 values
Personnel, Operations, Technology or R&D, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

NIESR produces independent macroeconomic forecasts and economic research reports on the UK economy covering GDP growth, inflation, unemployment, fiscal policy, and scenario analysis of shocks. Its outputs are sold or licensed to government policymakers, central banks, financial institutions, and media organizations, and are also published openly on its website.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • UK GDP growth forecast of 0.9% for 2025 and 1% for 2027 (widely cited by media and policymakers)
+3 more records
Product overview1 text field

The National Institute of Economic and Social Research (NIESR) is a UK-based economic think tank that provides economic forecasting, research publications, and policy analysis. As a research organization rather than a product company, NIESR does not offer a software platform, SaaS product, or technology product suite. Its outputs consist of economic research reports, forecasts, and policy recommendations distributed through traditional publishing and media channels.

Product and service5 records
1UK Macroeconomic Forecasts
CategoryMacroeconomic Forecasting
Description

Regular published forecasts of UK GDP growth, inflation, unemployment, and fiscal indicators produced by NIESR's in-house economists, used by government, central banks, media, and financial institutions.

2Inflation Forecast Reports
CategoryMacroeconomic Forecasting
Description

Detailed inflation projections (e.g., expected peak of 3.8% in February 2027, returning to 2% target by 2028–2029) informing Bank of England monetary policy and financial market expectations.

3Economic Scenario Analysis Reports
CategoryPolicy and Risk Analysis
Description

Scenario-based research on economic shocks such as energy price crises (£35bn worst-case impact on UK GDP under oil at $140/barrel) and trade disruptions, used for policy and investment risk planning.

4Migration Impact Study
CategoryDemographic and Policy Research
Description

Research quantifying the long-term economic impact of net migration scenarios on UK GDP (e.g., 3.6% lower output by 2040 under zero net migration) and on public borrowing.

5Research Reports and Publications
CategoryEconomic Research Publications
Description

Detailed published research on fiscal policy, labor market dynamics, and macroeconomic topics for policymakers, academics, and the public.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development Partner
Description

NIESR collaborated with the Economic and Social Research Institute (ESRI) to publish joint research papers analyzing the impact of US tariffs on Northern Ireland's economic growth, trade volumes, employment, and consumption between 2025 and 2030. The partnership examined multiple tariff scenarios and concluded that while Northern Ireland's dual-market access under the Windsor Framework may provide some resilience, these benefits would not outweigh broader costs of increased trade barriers.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

UK progressive think tank producing research on economic, social, and environmental policy. Comparable UK-based independent research and policy analysis institution with similar headcount.

TypeBroad incumbent
Description

Global non-profit research institute producing policy analysis across economics, security, and social science. Comparable as an established think-tank operating at the intersection of research and policymaker audiences, though far larger.

TypeDirect peer
Description

European-based network of academic economists producing policy-relevant economic research. Comparable as a non-profit think tank providing independent economic analysis with broad policymaker reach.

TypeDirect peer
Description

UK-based independent economic research institute focused on fiscal policy, taxation, and public spending analysis. Most direct peer to NIESR given shared mandate of informing UK government policymaking through independent research.

TypeDirect peer
Description

UK think tank producing research on living standards, inequality, and labor market trends. Comparable as a UK-focused economic and social policy research shop with strong media footprint and policymaker engagement.

TypeBroad incumbent
Description

UK government's official fiscal and economic forecaster with statutory authority. Competes with NIESR's independent UK GDP and fiscal forecasts and is a key counterpart in shaping government expectations.

TypeOthers
Description

International organization producing cross-country economic surveys, forecasts, and policy analysis. Adjacent to NIESR in producing authoritative economic forecasts and policy benchmarks used by governments.

TypeDirect peer
Description

Ireland's leading social and economic research institute. Direct peer — NIESR has an active joint research partnership with ESRI on UK/Ireland trade and tariff impact analysis.

TypeBroad incumbent
Description

US-based non-profit economic research organization producing working papers, recessions dating, and macro analysis. Comparable as the US counterpart institution focused on independent macroeconomic research.

TypeRegional player
Description

Germany-based economic research institute producing the Ifo Business Climate Index and policy research. Comparable as a national-level macroeconomic and policy research think tank serving government and media.

Market position
Strengths4 records

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Weaknesses4 records

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Competitive moat5 records

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Key risks5 records

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Key highlights7 records

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Named customers6 records

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Segment4 records

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Ideal customer profile4 records

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Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
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Docs URL, Description

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Profiles1 record

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Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

National Institute of Economic and Social Research

Economic Research and Forecasting Servicesniesr.ac.uk

NIESR is an independent UK economic research institute founded in 1938 that produces macroeconomic forecasts and policy analysis on GDP, inflation, unemployment, and fiscal policy for UK government, central banks, and media.

What National Institute of Economic and Social Research does

The National Institute of Economic and Social Research (NIESR) is an independent, non-profit economic research institute and think tank headquartered in London, United Kingdom, founded in 1938. It conducts macroeconomic forecasting and policy analysis on the UK economy, producing projections on GDP growth, inflation, unemployment, fiscal policy, and structural economic issues including migration and energy shocks. Its core technology comprises macroeconomic modeling, statistical analysis, and scenario planning methodologies that generate independent, non-partisan forecasts used by policymakers, financial institutions, and media.

NIESR's research outputs are distributed through its website (niesr.ac.uk), direct engagement with UK government departments including HM Treasury and the Bank of England, and through citations in major financial media including the Financial Times, Wall Street Journal, Reuters, and Bloomberg. Its forecasts are explicitly referenced as inputs into UK gilt market pricing and monetary policy decisions. The institute has also produced cross-border research, partnering with Ireland's Economic and Social Research Institute (ESRI) to model the impact of US tariffs on Northern Ireland's economy through 2030.

The institute operates as a non-profit with a recurring revenue model based on research publication subscriptions and forecasting services. Its headcount is in the 11-50 range, with leadership including President Charles McIntyre. NIESR does not offer a software platform, SaaS product, or commercial technology suite; its outputs are economic research reports, forecasts, and policy recommendations distributed through traditional publishing and institutional channels.

National Institute of Economic and Social Research firmographics

Firmographics
Name
National Institute of Economic and Social Research
Legal name
National Institute of Economic and Social Research
Website
https://niesr.ac.uk
Company type
Private
Founded year
1938
Operating status
Operating
Headcount range
11–50 employees
Short description
NIESR is an independent UK economic research institute founded in 1938 that produces macroeconomic forecasts and policy analysis on GDP, inflation, unemployment, and fiscal policy for UK government, central banks, and media.
Ownership category
akta.pro rank

National Institute of Economic and Social Research industry classification

Industry
Product category
Economic Research and Forecasting Services
akta.pro industry
PRIMARYBPAHALAD
Economic & Macroeconomic Research
SECONDARYFSACAGAC
Macro & Rates Research
Financial & Insurance/Capital Markets & Securities/Securities Research & Analytics

Keywords

  • Economic research
  • Macroeconomic forecasting
  • Policy analysis
  • Fiscal research
  • Economic publications

Where National Institute of Economic and Social Research is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Offices1 record

Markets served

National Institute of Economic and Social Research business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Others

Revenue model

  1. Research Publications and Forecasting Services: NIESR generates revenue through publishing economic research reports, forecasts, and analysis on UK macroeconomic indicators including inflation, unemployment, GDP growth, and fiscal policy impacts. The institute provides economic intelligence to policymakers, financial institutions, and media outlets.

Distribution channels3 records

Marketing channels4 records

National Institute of Economic and Social Research product offering

Product offering

Core offering

NIESR produces independent macroeconomic forecasts and economic research reports on the UK economy covering GDP growth, inflation, unemployment, fiscal policy, and scenario analysis of shocks. Its outputs are sold or licensed to government policymakers, central banks, financial institutions, and media organizations, and are also published openly on its website.

Product overview

The National Institute of Economic and Social Research (NIESR) is a UK-based economic think tank that provides economic forecasting, research publications, and policy analysis. As a research organization rather than a product company, NIESR does not offer a software platform, SaaS product, or technology product suite. Its outputs consist of economic research reports, forecasts, and policy recommendations distributed through traditional publishing and media channels.

Differentiator

Problem solved

Functional benefit

Products and services

  • UK Macroeconomic Forecasts Regular published forecasts of UK GDP growth, inflation, unemployment, and fiscal indicators produced by NIESR's in-house economists, used by government, central banks, media, and financial institutions.
  • Inflation Forecast Reports Detailed inflation projections (e.g., expected peak of 3.8% in February 2027, returning to 2% target by 2028–2029) informing Bank of England monetary policy and financial market expectations.
  • Economic Scenario Analysis Reports Scenario-based research on economic shocks such as energy price crises (£35bn worst-case impact on UK GDP under oil at $140/barrel) and trade disruptions, used for policy and investment risk planning.
  • Migration Impact Study Research quantifying the long-term economic impact of net migration scenarios on UK GDP (e.g., 3.6% lower output by 2040 under zero net migration) and on public borrowing.
  • Research Reports and Publications Detailed published research on fiscal policy, labor market dynamics, and macroeconomic topics for policymakers, academics, and the public.

Quantifiable outcome

  • UK GDP growth forecast of 0.9% for 2025 and 1% for 2027 (widely cited by media and policymakers)
  • +3 more outcomes

Companies that use National Institute of Economic and Social Research

Customer profile

Named customers6 records

Segments4 records

Ideal customer profiles4 records

National Institute of Economic and Social Research technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

National Institute of Economic and Social Research partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Economic and Social Research Institute (ESRI)coreStrategic or Co-development PartnerNIESR collaborated with the Economic and Social Research Institute (ESRI) to publish joint research papers analyzing the impact of US tariffs on Northern Ireland's economic growth, trade volumes, employment, and consumption between 2025 and 2030. The partnership examined multiple tariff scenarios and concluded that while Northern Ireland's dual-market access under the Windsor Framework may provide some resilience, these benefits would not outweigh broader costs of increased trade barriers.

Scale indicators6 records

Recent moves6 records

Expansion highlights3 records

National Institute of Economic and Social Research competitors and assessment

Company assessment

Direct peers

  • Institute for Public Policy Research (IPPR): UK progressive think tank producing research on economic, social, and environmental policy. Comparable UK-based independent research and policy analysis institution with similar headcount.
  • Centre for Economic Policy Research (CEPR): European-based network of academic economists producing policy-relevant economic research. Comparable as a non-profit think tank providing independent economic analysis with broad policymaker reach.
  • Institute for Fiscal Studies (IFS): UK-based independent economic research institute focused on fiscal policy, taxation, and public spending analysis. Most direct peer to NIESR given shared mandate of informing UK government policymaking through independent research.
  • Resolution Foundation: UK think tank producing research on living standards, inequality, and labor market trends. Comparable as a UK-focused economic and social policy research shop with strong media footprint and policymaker engagement.
  • Economic and Social Research Institute (ESRI): Ireland's leading social and economic research institute. Direct peer — NIESR has an active joint research partnership with ESRI on UK/Ireland trade and tariff impact analysis.

Broad incumbents

  • RAND Corporation: Global non-profit research institute producing policy analysis across economics, security, and social science. Comparable as an established think-tank operating at the intersection of research and policymaker audiences, though far larger.
  • Office for Budget Responsibility (OBR): UK government's official fiscal and economic forecaster with statutory authority. Competes with NIESR's independent UK GDP and fiscal forecasts and is a key counterpart in shaping government expectations.
  • National Bureau of Economic Research (NBER): US-based non-profit economic research organization producing working papers, recessions dating, and macro analysis. Comparable as the US counterpart institution focused on independent macroeconomic research.

Others

  • OECD Economics Department: International organization producing cross-country economic surveys, forecasts, and policy analysis. Adjacent to NIESR in producing authoritative economic forecasts and policy benchmarks used by governments.

Regional players

  • Ifo Institute (Ifo Institut): Germany-based economic research institute producing the Ifo Business Climate Index and policy research. Comparable as a national-level macroeconomic and policy research think tank serving government and media.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

National Institute of Economic and Social Research social profiles

Digital presence

National Institute of Economic and Social Research financial estimates

Financial estimate

Revenue estimate

Valuation estimate

National Institute of Economic and Social Research leadership team

Management profile

Number of profiles

Profiles1 record

National Institute of Economic and Social Research funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

National Institute of Economic and Social Research M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Institute of Economic and Social Research

What does National Institute of Economic and Social Research do?

NIESR produces independent macroeconomic forecasts and economic research reports on the UK economy covering GDP growth, inflation, unemployment, fiscal policy, and scenario analysis of shocks. Its outputs are sold or licensed to government policymakers, central banks, financial institutions, and media organizations, and are also published openly on its website.

Is National Institute of Economic and Social Research a public or private company?

National Institute of Economic and Social Research is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was National Institute of Economic and Social Research founded?

National Institute of Economic and Social Research was founded in 1938. It employs 11 to 50 people.

Where is National Institute of Economic and Social Research based?

National Institute of Economic and Social Research is headquartered in London, United Kingdom, in the Europe region.

How does National Institute of Economic and Social Research make money?

One revenue line is on record: research Publications and Forecasting Services.

Who are National Institute of Economic and Social Research's main competitors?

Direct peers on record are Institute for Public Policy Research (IPPR), Centre for Economic Policy Research (CEPR), Institute for Fiscal Studies (IFS), Resolution Foundation and Economic and Social Research Institute (ESRI). Broad incumbents are RAND Corporation, Office for Budget Responsibility (OBR) and National Bureau of Economic Research (NBER). OECD Economics Department is listed as an others. Ifo Institute (Ifo Institut) is listed as a regional player.

Does National Institute of Economic and Social Research have an API?

No public API is recorded for National Institute of Economic and Social Research.

What industry is National Institute of Economic and Social Research in?

National Institute of Economic and Social Research's product category is Economic Research and Forecasting Services. Its primary akta.pro industry code is BPAHALAD, Economic & Macroeconomic Research, with a secondary code of FSACAGAC, Macro & Rates Research.

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Live signals
MorningstarBOE Seen on Hold Through 2027 Despite Inflation SpikeThe National Institute of Economic and Social Research (NIESR) forecasts that the Bank of England will keep interest rates unchanged through 2027, despite UK inflation expected to peak at 3.8% in February 2027 due to energy price increases from the Middle East conflict. NIESR projects inflation will not return to the Bank's 2% target until 2029, down from 2.6% in June and 3% in February, but sees no rate hikes as appropriate given current economic conditions. The BOE's Monetary Policy Committee meets this week and is expected to announce Thursday that rates will remain at 3.75%.MyJoyOnlineBurnham has no scope to increase borrowing, think tank warnsThe National Institute of Economic and Social Research (NIESR) has warned Prime Minister Andy Burnham that there is no scope to increase borrowing and he must choose between raising taxes or cutting spending to fund his pledges on defence and cost-of-living measures. The think tank projects UK inflation will continue rising until February 2027, peaking at 3.8% before returning to the Bank of England's 2% target, and does not expect rate cuts before 2028. NIESR argues that even with reforms to council tax, VAT, or welfare spending, maintaining Labour's manifesto pledge not to raise income tax, VAT, or national insurance may be untenable.WsjBOE Seen on Hold Through 2027 Despite Inflation SpikeThe National Institute of Economic and Social Research forecast that the Bank of England is unlikely to raise interest rates this year or next, despite a sharp pickup in inflation expected over the second half of 2026. The U.K.'s annual inflation rate fell to 2.6% in June from 3% in February, even as the Middle East conflict pushed energy prices sharply higher since late February. The report suggests the Bank will remain on hold through 2027.InsidermediaResearch highlights impacts of US tariffs on Northern IrelandTwo independent research papers published by the Economic and Social Research Institute and the National Institute of Economic and Social Research have found that US tariffs are likely to negatively impact Northern Ireland's economic growth, trade volumes, employment, and consumption between 2025 and 2030. The analysis examined multiple tariff scenarios and concluded that while Northern Ireland's dual-market access under the Windsor Framework may provide some resilience, these benefits would not outweigh the broader costs of increased trade barriers. Economy minister Caoimhe Archibald acknowledged the findings as confirming negative consequences for small, open economies with strong trading links to both Britain and the EU.OilPrice.comUK Faces Recession Risk as Iran War Threatens Growth and InflationThe National Institute of Economic and Social Research (NIESR) has revised down the UK's 2025 growth forecast to 0.9% from 1.4% due to the Iran war, warning that recession risks are rising amid higher oil prices and inflation pressures expected to exceed 4% by early next year. In a worst-case scenario where oil prices surge to $140 per barrel, the Bank of England may hike interest rates by 150 basis points, which would eliminate the Chancellor's £23.6bn fiscal headroom and leave the UK economy at least £35bn smaller than otherwise. The think tank's director warned that the energy price shock would force households to become poorer and businesses to suffer from higher costs, with Reeves facing tough choices on energy support and potential increases to the defence budget.The Business TimesNIESR slashes UK growth forecast as Iran war and inflation hit economyThe National Institute of Economic and Social Research (NIESR) has slashed its UK economic growth forecast to 0.9% for this year and 1% for 2027, citing the Iran war's impact on oil and gas prices, with inflation projected to rise to 4.1% at the start of 2027. The think tank warns that if the Middle East conflict continues and oil prices rise further, Britain faces a "high likelihood" of recession in the second half of the year, while inflation is not expected to return to the Bank of England's 2% target until 2028. NIESR projects the BoE will raise rates only once in July to 4%, though an adverse scenario could require 150 basis points of hikes.The IndependentMiddle East energy crisis could wipe £35bn off UK economy – even in best-case scenario, think tank warnsThe National Institute of Economic and Social Research (NIESR) warned that the energy crisis triggered by the Iran conflict could wipe £35bn off the UK economy even in the best-case scenario, with the UK economy forecast to be materially smaller through 2026-2027. The think tank projects economic growth slowing to 0.9% this year and 1% next year, with inflation potentially peaking at 4.1% in January and interest rates rising as high as 5.25% if hostilities persist. UK Prime Minister Keir Starmer warned the public to brace for impact on shopping habits and holiday plans as the crisis unfolds.ReutersNIESR slashes UK growth forecast as Iran war and inflation hit economyThe National Institute of Economic and Social Research (NIESR) downgraded its UK GDP growth forecast to 0.9% for 2025 and 1% for 2027, sharply below its February projections of 1.4% and 1.3%, citing the Iran war as a key drag on economic growth. The think tank projects UK inflation to rise to 4.1% in early 2027 due to surging oil and gas prices from the Middle East conflict, remaining above the Bank of England's 2% target until 2028. NIESR warned of a "high likelihood" of Britain entering a recession in the second half of 2026 under an adverse scenario, with the unemployment rate expected to peak at 5.5% in Q4 2026.Business StandardZero net migration would shrink UK economy by nearly 4% by 2040: ReportA report by the National Institute of Economic and Social Research (NIESR) published Wednesday estimates that zero net migration would reduce UK economic output by 3.6% by 2040, widen the budget deficit by 0.8% of GDP, and increase public borrowing by £37 billion ($51 billion). The think tank found that such a scenario, while potentially temporarily lifting real wages, would be fiscally unsustainable without significant tax rises as the working-age population declines by 2.5 million by 2040. NIESR also projected UK GDP growth of 1.4% this year and 1.3% next year, with unemployment expected to peak at 5.4% in 2026.ReutersThe unemployment rate in the UK is expected to rise to 5.4% this year, the highest level in 11 years, according to a think tank.The National Institute of Economic and Social Research (NIESR) forecasts UK unemployment will rise to 5.4% in 2026, up from 4.8% in 2025, reaching its highest level since 2015. The think tank attributes this to rising labor costs driven by minimum wage increases and higher employer national insurance contributions, with industries employing many minimum wage workers experiencing the fastest unemployment growth. NIESR also notes rising unemployment in the IT sector, potentially linked to reduced demand for entry-level positions due to artificial intelligence.