The Festival of Words: From Gyles Brandreth to Anthony Scaramucci – all you need to know about the Fleet Street Quarter festival
Virgin Wines blames government for inflationary cost pressures October 22, 2025 Virgin Wines has said most of its cost pressures this year have been driven by government policy, including an alcohol duty revamp and a bottle tax. The online wine seller told markets that profit before tax dipped by five per cent to £1.6m in the 2025 financial year, despite flat revenue. CEO Jay Wright pointed [...]
Inflation stays hot as UK’s economic woes deepen October 22, 2025 Inflation in the year to September remained sticky, new figures have shown, in further evidence that the UK’s economic woes have deepened and hit Brits harder than those in other countries. September was the third consecutive month that inflation hit 3.8 per cent, nearly double the Bank of England’s two per cent target. It came [...]
FTSE 100 Live: UK inflation holds at 3.8 per cent, Barclays share buyback October 22, 2025 Good morning from the City AM liveblog team. The UK’s top banks are gearing up for a third-quarter reporting season where all eyes will be on the Labour government’s second Autumn Budget. Speculation of a bank tax hike has dominated chatter around the sector in recent months and elevated fears across the City. It also [...]
ONS: We know we need to do more to improve our data October 21, 2025 After calculation errors thwarted the publication of price indices in the spring, the ONS's James Benford explains how the institute has improved its dataset.
Inflation has doubled under Reeves and she has no plan to bring it down October 20, 2025 Inflation is the unseen robber that diminishes our savings and makes a mockery of our plans for the future. Reeves must explain what she plans to do about it before it gets out of control, says Eliot Wilson When Lord Gove hinted in The Spectator last month at parallels between contemporary Britain and Weimar Germany, [...]
Inflation set to hit double Bank of England’s target October 20, 2025 The UK’s isolated struggles with price growth are set to hit a new milestone on Wednesday as consumer price index (CPI) inflation will surge to double the Bank of England’s target rate. In more troubling news for the Treasury and the Bank’s interest rate-setters, inflation is forecast to hit four per cent in the year [...]
Bank of England should cut interest rates at ‘more cautious pace’, Huw Pill urges October 17, 2025 The Bank of England’s chief economist Huw Pill has renewed calls for interest rates to be cut at a “more cautious pace” in the next year, adding to the likelihood that Bank Rate may be held at four per cent for the foreseeable future. In a speech delivered on Friday, Pill said efforts to lower [...]
Self-inflicted damage makes mockery of government growth pledge October 15, 2025 Back in June, before Donald Trump orchestrated a tentative peace in the Middle East, he reacted with fury to Israel and Iran’s escalating exchange of missile and drone attacks, telling reporters “they don’t know what the f**k they’re doing.” Sometimes undiplomatic language has its place, even in high-stakes diplomacy. I was reminded of this approach [...]
Bank of England’s Taylor: High rates could push UK into recession October 14, 2025 The UK risks heading into a recession that will be “difficult to contain” if interest rates are kept on hold into next year, a Bank of England rate-setter has said in a speech that has further exposed widening splits between policymakers over the best path for borrowing costs. In a set of dovish comments made [...]
IMF downgrades UK growth and warns inflation will be highest in G7 October 14, 2025 Inflation in the UK is set to surge above all G7 countries in the next two years while growth per capita will lag behind the average across advanced economies, the International Monetary Fund (IMF) has predicted. In its World Economic Outlook report, the IMF has said that inflation in the UK will remain higher than [...]