Inflation: Brits ‘paying the price for years of poor economic management’ September 17, 2025 Inflation hit 3.8 per cent in the year to August, according to official data, sending a warning to Bank of England officials ahead of a crucial interest rate vote on Thursday. The previous reading for inflation in July was 3.8 per cent, with the August figure likely to confirm Bank of England rate-setters will vote [...]
Food inflation to spike as suppliers can ‘no longer absorb’ costs, FDF warns September 15, 2025 Food and drink inflation could climb to 5.7% by the end of the year thanks to cost pressures on manufacturers “trickling down” to supermarket shelves, a leading industry body has warned. The Food and Drink Federation (FDF) said current prices were “steeper than anything in recent decades”. The group – whose members make a quarter [...]
Bank of England predicted to not cut interest rate until 2026 September 12, 2025 Interest rate cuts are unlikely to take place this year, according to some of the most dovish forecasters, with City analysts split on where they will settle given the UK’s battle against high inflation and low growth. The Bank of England is set to hold its next monetary policy committee (MPC) meeting next week, a [...]
US inflation jumps to 2.9 per cent, setting up key rate decision September 11, 2025 US inflation edged up to 2.9 per cent in August, leaving the Federal Reserve with a difficult decision to make on interest rates next week and all but vanquishing any chance of a ‘super-sized’ 50 basis-point cut. The Bureau of Labor Statistics said on Thursday that the annual consumer price index (CPI) figure for inflation [...]
Bank of England: Interest rate cuts are near the end September 4, 2025 The Bank of England is less likely to make drastic cuts to interest rates in the coming year as officials said the current cycle could “not go on forever”. In a hearing before the Treasury Select Committee, members of the Monetary Policy Committee (MPC) indicated markets may be correct to predict there would be no [...]
Household costs hit private renters and families in Labour’s first year August 28, 2025 Household costs rose higher for families and renters than other groups in the year to June, official data has shown, as inflation has nearly doubled in the first year of Labour compared to the last year of the previous Conservative government. The Office for National Statistics (ONS) said overall UK household costs rose by 3.9 [...]
‘Inflation fears’ and trade turmoil to reinforce sterling rally August 28, 2025 A fresh bout of inflation and Donald Trump’s capricious approach to trade policy should extend the pound’s rally well into next year, according to a top investment bank which has raised its 12-month forecast for sterling against the dollar. Panmure Liberum’s Simon French said the recent string of hotter-than-expected inflation readings in the UK was [...]
Job vacancies tumble in July as hiring appetite eases August 26, 2025 UK job vacancies tumbled in July following a strong June performance, with entry level roles still suffering from a weak job market. Vacancies fell month on month following June’s strong rebound, down 1.24 per cent to 864,705, according to the latest job market report from Adzuna. Average salaries suffered a slight fall, slipping to £42,264 [...]
No more interest rate cuts expected as inflation runs ‘miles above target’ August 20, 2025 No further interest rate cuts are expected to be made this year after inflation in the year to July was higher than economists forecast. Markets had priced in a 50 per cent chance of an interest rate cut being made at the Bank of England’s November meeting before fresh price growth data was published on [...]
Inflation tops forecasts as food prices jump August 20, 2025 Inflation jumped in July, official data has suggested, creating a dilemma for Bank of England officials ahead of the central bank’s next policy meeting in September. The Office for National Statistics (ONS) said consumer price index (CPI) inflation hit 3.8 per cent in the 12 months to July, which is on par with the Bank [...]