Latest data from the Office for National Statistics show the annual inflation rate remained at 3% since February 2025 According to recent forecasts, the UK could be among the hardest hit G7 country, due to global events Consumer attitudes about the general economic situation expectations for the year ahead dropped by six points to -37 […]
Category archives: News in Review
News in Review
All of the Monetary Policy Committee voted to keep rates unchanged – the first unanimous decision in over four years Last week the Chancellor announced a £2.5bn investment in AI, underlining the government’s focus on the tech sector In February, house prices rose annually by 1.6%, according to the latest figures from e.surv Chartered Surveyors […]
News in Review
The UK economy unexpectedly flatlined in January following a growth of 0.1% in December The price of Brent Crude increased by around 9% on Thursday, back above the $100-per-barrel mark The housing market outlook is mixed, mortgage rates have increased and some residential mortgage products removed “The near-term outlook is now dominated by heightened uncertainty […]
News in Review – Spring Forecast 2026
The Chancellor said the government will plot a course through the current uncertainty and “secure the economy” Growth for this year has been revised down to 1.1%, from a prediction of 1.4% in November 2025 OBR project inflation will fall from 3.4% in 2025, to 2.3% in 2026 and then to 2% from 2027 onwards On Tuesday […]
News in Review
Latest ONS data shows the Consumer Prices Index fell to its lowest level since last March ONS retail data shows sales volumes rose by 1.8% in January – the strongest monthly growth since May 2024 President Trump said he intends to impose global tariffs of 15%, escalating his response to a Supreme Court ruling “Inflation fell markedly in January” The latest inflation data from […]
News in Review
In its first meeting of the year, the Monetary Policy Committee voted to retain Bank Rate at 3.75% According to Halifax, the average house price has surpassed £300,000 for the first time S&P Global data shows that the UK services sector experienced strong growth in January “We now think that inflation will fall back to around 2% by the spring” In […]
News in Review
Keir Starmer claims China visit successful in rebuilding ties and securing visa-free travel and whisky tax cuts The government has revised its business rates following a backlash from pubs and music venues The Lifetime ISA is expected to be replaced by a new product due to launch in April 2028 “China is a vital player on the global stage and it is vital that we build a more […]
News in Review
Trump “won’t use force” to seize Greenland – which came as a relief to global leaders and markets, after a challenging period With geopolitical risk dominating, WEF President cautioned that tensions could have a detrimental effect on global growth Price pressures are set to ease noticeably this year, particularly as the impact of last year’s energy and utility price hikes […]
News in Review
Trump’s Greenland stance fuels NATO tensions and tariff threats, unsettling markets ahead of the World Economic Forum World Bank forecasts modest yet resilient global growth, while warning the 2020s may be the weakest decade since 1960s UK economic data shows slight momentum, with housing sentiment improving as borrowing cost expectations shape 2026 outlook “Any decision […]
News in Review
The Bank of England cut rates to 3.75%, signalling cautious easing as inflation pressures continue to recede Farmers gain relief as the government raises Inheritance Tax thresholds following industry backlash and sustained protests UK markets opened 2026 strongly, with Boxing Day footfall rising and the FTSE surpassing 10,000 “We still think rates are on a […]