Category archives: News in Review

The UK economy grew 0.7% in Q1 2025, exceeding forecasts and signalling potential recovery momentum  A new UK-EU deal includes border easing, a youth mobility scheme and renewed defence cooperation  The FCA reveals 13 million have low financial resilience, with widespread savings shortfalls and mental stress  “The economy is beginning to turn a corner”  The […]

The UK secured a trade deal with US, cutting car tariffs and protecting key industries and jobs  A UK-India trade deal slashes tariffs and is expected to add £25bn in annual trade by 2040  The Bank of England cut Bank Rate to 4.25% amid easing inflation and global trade uncertainty  “This historic deal delivers for […]

UK house prices fell by 0.6% in April following a rush in March to beat Stamp Duty changes. Despite the drop, prices remain 3.4% higher than a year ago  US GDP shrank by 0.3% in Q1 2025—its first contraction in three years—due to reduced government spending and a surge in imports ahead of tariffs  Ukraine […]

Rachel Reeves described two months of falling inflation, along with growth in real wages and GDP, as “encouraging signs”  Keir Starmer has reiterated his commitment to securing “free and open trade” in order to protect the national interest  The UN trade body UNCTAD predicted global economic growth would slow to 2.3% this year, falling below […]

President Trump paused most tariffs for 90 days, briefly boosting global market confidence amid uncertainty  The UK economy unexpectedly grew 0.5% in February, driven by services, production and construction  The UK economy unexpectedly grew 0.5% in February, driven by services, production and construction  “We want to secure the best deal possible for British jobs and […]

US President Trump disrupted the global trade system by introducing tariffs on ‘Liberation Day’   Global markets continue to be highly volatile following the announcement  The government is to help the UK car industry cope with tariffs by relaxing electric vehicle (EV) sales targets  “This is one of the most important days… in American history. It’s our […]

Chancellor Rachel Reeves announced spending cuts but no tax increases, aiming to save £14bn by 2029/30  The UK growth forecast was revised to 1% in 2025, with improvements expected later in the decade  UK retail sales fell for a sixth month and looming US tariffs threaten the car industry  “The global economy has become more […]

“We have to be quite careful at this point in how we calibrate our response”  Last week, the Bank of England’s Monetary Policy Committee (MPC) held Bank Rate at 4.5%, a widely expected move but one that was more emphatically supported than analysts had predicted.  At its meeting on 19 March, eight MPC members voted […]

“The economy shrank a little in January but grew in the latest three months as a whole”  The UK economy shrank unexpectedly in January, according to official data released on Friday by the Office for National Statistics (ONS). With a contraction of 0.1%, the economy fared worse at the start of 2025 than analysts had […]

“February’s figures highlight the delicate balance within the UK housing market”  The most recent House Price Index data from Halifax released on Friday showed an unexpected fall of 0.1% in February; a Reuters poll of economists had expected a 0.3% uptick in the month.  Amanda Bryden, Head of Mortgages at Halifax said, “The typical UK […]