News in review
The Bank of England kept rates at 4% as inflation persists. A historic US-UK ‘Tech Prosperity Deal’ promises £150bn in investment for AI, energy and quantum computing. Meanwhile, UK consumer confidence declined, reflecting continued financial pressures on households.
News in review
The UK economy flatlined in July, with no growth recorded. This is in line with expectations and follows GDP growth of 0.4% in June. Director of Economic Statistics at ONS, Liz McKeown, said, “In the latest month GDP showed no growth, with increases in services and construction offset by falls in production.”
News in Review
The UK’s Autumn Budget is set for 26 November, with speculation over new taxes as borrowing costs climb. Meanwhile, the services sector hit its strongest growth since April 2024, but weak mortgage borrowing suggests economic risks remain despite retail gains.
News in Review
The UK’s Autumn Budget is set for 26 November, with speculation over new taxes as borrowing costs climb. Meanwhile, the services sector hit its strongest growth since April 2024, but weak mortgage borrowing suggests economic risks remain despite retail gains.
Economic Review – August 2025
UK growth beat expectations in Q2, while inflation climbed to an 18-month high. The Bank of England cut rates, but future policy looks uncertain. Public borrowing improved, though fiscal pressures mean tax rises are still likely in the autumn.
Economic Review – August 2025
UK growth beat expectations in Q2, while inflation climbed to an 18-month high. The Bank of England cut rates, but future policy looks uncertain. Public borrowing improved, though fiscal pressures mean tax rises are still likely in the autumn.
Economic Review August 2025
UK growth beat expectations in Q2, while inflation climbed to an 18-month high. The Bank of England cut rates, but future policy looks uncertain. Public borrowing improved, though fiscal pressures mean tax rises are still likely in the autumn.
Economic Review August 2025
UK growth beat expectations in Q2, while inflation climbed to an 18-month high. The Bank of England cut rates, but future policy looks uncertain. Public borrowing improved, though fiscal pressures mean tax rises are still likely in the autumn.
News in Review
The Bank of England has cut interest rates to 4% as it targets 2% inflation. The National Institute of Economic and Social Research (NIESR) warns taxes may need to rise in the Autumn Budget to meet fiscal goals. Trump’s tariffs impact trade with over 90 countries.
Economic Review July 2025 – Alt
Our latest Economic Review looks back on July – the UK economy continues to struggle with weak growth, surprise inflation increases and a cooling jobs market. Despite headwinds, interest rate cuts are still expected as policymakers weigh mixed data and softening demand heading into the second half of 2025.