In its latest Monetary Policy Report (MPR), the Bank of England (BoE) has downgraded its forecast for GDP growth in 2026 Q4, relative to its November 2025 MPR (which foresaw 1.4%), to a figure of 1.1%. Although not explicitly stated, looking at the conditioning assumptions suggests that overall growth expectations have dwindled as a result of lower expected growth in housing investment, government expenditure and output per worker.