Weekly news update
As highly anticipated, the BoE's Monetary Policy Committee voted to retain Bank Rate at 5.25% last week for the second consecutive month.
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Weekly news update
Rishi Sunak has delivered a speech on the global responsibility required to address and build a shared understanding of the risks posed by AI.
Weekly news update
The latest UK inflation data for September was released disclosing that the overall CPI rate unexpectedly remained at 6.7%.
Weekly news update
The most recent data from the Office for National Statistics (ONS) highlighted a modest 0.2% expansion in August.
Weekly news update
Financial services activity held relatively firm in the third quarter, according to the latest Financial Services Survey released last week by the Confederation of British Industry
September economic review
Last month, the Bank of England announced a pause in its long run of interest rate rises voting to leave Bank Rate unchanged at 5.25%.
Weekly news update
The latest Nationwide House Price Index has highlighted ‘further weakness in house prices’ in August, registering a 0.8% fall month on month.
Weekly news update
Data for August highlighted that weaker household spending and increasing interest rates contributed towards a decline in demand for services and goods during the month.
Weekly news update
The latest inflation data from the ONS has shown that the CPI measured 6.8% in the 12 months to July 2023, the lowest rate since early 2022.