IMF Upgrades UK Economic Outlook: What It Means for Business Support Professionals

The International Monetary Fund (IMF) has offered a cautiously optimistic update on the UK economy, upgrading its 2025 growth forecast to 1.3%. While modest, it reflects continued resilience amid a challenging global backdrop, from rising living costs to ongoing trade uncertainty and inflationary pressure.

Despite this, the IMF also predicts that the UK will experience the highest inflation among G7 nations over the next two years, with price growth expected to remain above the Bank of England’s target well into 2026. For employers, this means a sustained focus on efficiency, productivity, and long-term planning, and for business support professionals, it reinforces just how vital their roles are in helping organisations adapt and thrive.

Why this matters for Business Support professionals

Periods of slower growth often highlight the true value of Business Support. When businesses are navigating change, it’s the Executive Assistants, Office Managers, Chiefs of Staff, and Operations Managers who bring stability, clarity, and momentum.

At Lily Shippen, we’ve continued to see strong demand for skilled Business Support professionals across London, Manchester, and beyond, even as hiring strategies have evolved. Employers are increasingly looking for individuals who can combine operational rigour with strategic thinking, professionals who not only keep things running smoothly but also contribute to growth, culture, and performance.

At the same time, competition in the market has increased. With more experienced candidates seeking their next challenge, standing out has never been more important. Clarity in CVs, a strong personal brand, and a track record of measurable impact are what truly set top candidates apart.

Looking ahead to 2026

If the IMF’s projections hold, we could see a more confident hiring market emerge at the end of 2025 moving into 2026, particularly across finance, professional services, and the tech sector. Employers who plan ahead and invest in exceptional Business Support talent early will be best placed to take advantage of that growth.

For candidates, this is the moment to refine your positioning, to highlight the ways you drive efficiency, influence outcomes, and support strategic decision-making.

The UK economy may still be finding its balance, but one thing remains clear: strong Business Support professionals will continue to be the backbone of successful, resilient organisations. As 2026 approaches, their ability to adapt, lead, and create calm amid complexity will be what defines the most forward-thinking teams.