Economy BoE keeps rates steady at 4% as economy shows signs of slowing The UK's annual rate of consumer price inflation is standing at 3.8%, nearly double the bank’s 2% target. 06/11/2025
Economy Inflation in the UK remains high, sitting at 3.8% in September Consumer prices remained almost twice as high as the Bank of England’s 2% target in September. 22/10/2025
Economy Bank of England holds key rate at 4% with inflation above target The decision comes as no surprise as inflation in the UK remains stubbornly high, almost double the central bank's 2% target. 18/09/2025
Economy UK inflation remains nearly double the target before BOE rate decision Stubbornly high inflation has been one of the reasons why the Labour government's poll ratings have fallen sharply since it came to power in July 2024. 17/09/2025
Markets UK bank shares tumble as sector fears new tax British banks Barclays, Lloyds and NatWest saw their share price fall following news that the UK government could implement new taxes on the sector to fill a sizeable gap in the budget. 29/08/2025
Economy UK job vacancies fall at a slower pace while wage growth holds steady Payrolled employment decreased by 8,000 in July compared with June, the smallest decline since a modest rise in January. 12/08/2025
Economy Bank of England cuts its main interest rate by a quarter point to 4% The rate cut is the bank’s fifth since last August, when policymakers began to lower borrowing costs from a 16-year high of 5.25%. 07/08/2025
Economy UK economy contracts again in May despite government growth push A modest 0.1% expansion was expected, although tariffs and tax increases continue to hamper growth. 11/07/2025
Economy Bank of England holds interest rates amid intensifying inflation risks As widely expected, the Bank of England kept interest rates on hold as fears grow that the conflict between Israel and Iran will escalate to involve the United States. This would likely send oil prices soaring and push UK inflation further above target. 19/06/2025
Economy UK economy contracts sharply in April: Will the BoE respond? UK GDP shrank 0.3% in April, the sharpest drop since October 2023, led by declines in services and manufacturing. Labour market data weakened, fuelling speculation of a Bank of England rate cut in August as recession fears grow. 12/06/2025
Economy UK inflation jumps to highest in over a year on rising energy bills Inflation in the UK rose to its highest level in over a year in April, driven by a wave of higher household bills, including energy and water, according to official figures released on Wednesday. 21/05/2025
Economy Bank of England cuts main interest rate as US tariffs threaten growth The 25 basis point cut to 4.25% was widely expected by economists. 08/05/2025
Economy UK house price growth stays stagnant in March ahead of stamp duty hike Northern Ireland continued to experience the strongest house price growth in the UK in the first quarter of the year, followed by the North West. London, meanwhile, struggled. 01/04/2025
Economy UK inflation slowed to 2.8% in February, fuelling hopes of a rate cut The better-than-expected inflation figure comes as a relief to the economy as it faces the looming threat of stagflation: high inflation coupled with low output. 26/03/2025
Economy Bank of England keeps benchmark interest rate stable at 4.5% The central bank's decision comes amid rising uncertainty over the UK's economic growth, especially as US tariff threats loom. 20/03/2025
Economy Bank of England expected to pause rate cuts despite contracting output Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation stubborn. 18/03/2025