Bailey warns on inflation risks as Iran war roils UK economy September 8, 2026 Bank of England governor Andrew Bailey has warned inflationary pressures are still buffeting the UK economy and energy prices could rise further next year if the war in Iran continues. Speaking to MPs on Tuesday, the Bank chief said inflation risks were “to the upside” and energy prices “could be higher still” due to the [...]
UK poised to pay highest borrowing costs since 1998 September 8, 2026 The UK is set to pay the highest yield on new debt in nearly 30 years in a sign of the growing economic pressures facing the Chancellor John Healey as he draws up his first Budget. The Debt Management Office is marketing a 30-year bond at 0.75 basis points over the yield of the government’s [...]
Five lenders hike mortgage prices as interest rate threat looms September 8, 2026 Five lenders hiked the price on their mortgage deals to kick off the week as the threat of the Bank of England increasing interest rates looms over the UK economy. Barclays has raised its rates on a fleet of products by nearly 0.2 per cent, with its two-year fixed rate rising to 5.53 per cent [...]
KBRA Releases Research – European Fibre: From Buildout to Maturity September 8, 2026 KBRA releases research examining the European fibre infrastructure sector’s transition towards a more operationally focused phase as networks move beyond peak construction, as well as key credit trends shaping the next stage of the European fibre market. While rollout and commercial risks have always been central to credit analysis, greater operating history is allowing investors [...]
Dunelm shares crater as hot weather undermines growth plan September 8, 2026 Shares in Dunelm plummeted after its new boss warned that record summer temperatures had posed an early hurdle to her plans to kick off growth at the furniture and homeware seller. Clo Moriarty, who joined the group from Sainsbury’s in October last year, said progress towards her new strategy has so far been delayed by [...]
Spending hits 13-month high as Brits splurge on entertainment, Barclays says September 8, 2026 Spending in the UK economy reached a 13-month high in August after a rebound in the entertainment and travel industries, according to fresh data from Barclays. Overall card spending grew 2.1 per cent year-on-year, following on from two per cent growth in July. Both essential and non-essential spending were up 2.1 per cent, according to [...]
Can John Healey deliver the growth the UK needs? September 7, 2026 The Chancellor John Healey says growth will provide the “pathway out of indebtedness and into prosperity”. But the path is a difficult one to tread, write Mauricio Alencar. When it was announced that John Healey would be delivering a speech in Coventry, it was assumed that he would be visiting Jaguar Land Rovers’s headquarters with [...]
The Fed wants you to get used to higher interest rates September 7, 2026 Federal Reserve Chair Kevin Warsh is urging markets to stop relying on central bank guidance and instead independently interpret economic data, signalling a shift toward a paradigm where higher interest rates are accepted as a component of a high-growth, prosperous economy, says Helen Thomas “We should not indulge a regime in which market participants are [...]
Healey says growth is ‘pathway out of debt’ but bats away tax questions September 7, 2026 Chancellor John Healey said he will “not speculate” on expected tax rises at his maiden Budget next month as he said growth was at the “heart of fiscal challenges” facing the UK. In his first major speech as Chancellor in Coventry, Healey batted away questions about whether businesses and households were set to face another [...]
House prices fall for first time in three years as borrowing costs weigh on buyers September 7, 2026 House prices fell in the year to August in the first annual decrease in nearly three years, as high borrowing costs cause prospective buyers to “sit tight”. The average UK house price edged down 0.2 per last month to £298,468, according to Lloyds’ house price index. This marks a 0.4 per cent year-on-year fall, the [...]