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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.

News in Review

Global economic growth forecasts for 2025 and 2026 have been revised upward by the IMF. However, new US tariffs, ongoing geopolitical tensions continue to pose risks to the economy. Meanwhile, UK house price growth is picking up and Inheritance Tax receipts have risen.

Economic Review – July 2025

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.