Inflation remained stubbornly stuck at 3.8 per cent for the 12 months to September 2025, defying expectations of a rise to four per cent but staying nearly double the Bank …
Interest Rates
News and updates on UK interest rates — including Bank of England decisions, economic forecasts, mortgage changes, inflation strategy, and political reaction.
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EconomyNews
UK Inflation to Remain Highest Among G7 Nations, IMF Warns as Food Costs Surge
by James CarterInternational Monetary Fund upgrades inflation forecasts for 2025 and 2026 whilst revising growth predictions as rising wage bills and poor harvests drive price pressures The United Kingdom will experience the …
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CarsLifestyle
Millions Set for £700 Payouts as Watchdog Unveils £8.2 Billion Car Finance Compensation Scheme
by Darren SmithMillions of British motorists could receive compensation averaging £700 each after the financial regulator announced plans to address what has been dubbed the “PPI on Wheels” scandal. The Financial Conduct …
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EconomyNews
Bank of England Holds Interest Rate at 4% as Inflation Remains Stubbornly Above Target
by Darren SmithThe Bank of England has paused its cycle of interest rate cuts, voting to maintain the base rate at four per cent as inflationary pressures persist across the British economy. …
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EconomyNews
UK Unemployment Stuck at Four-Year High as Wage Pressures Persist Ahead of Autumn Budget
by Darren SmithBritain’s unemployment rate remains stubbornly high at 4.7 per cent, matching a four-year peak, as cooling wage growth and falling job vacancies signal a weakening labour market that could force …
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CarsLifestyle
Luxury Cars Set for Major Price Drops in Late 2025 — Here’s Why and Which Models to Watch
by James CarterThe Perfect Storm Creating Unprecedented Luxury Car Discounts If you’ve been eyeing a luxury vehicle but balking at the price tag, late 2025 might be your golden opportunity. A confluence …
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EconomyProperty
Households Brace for Inflation Spike to 4% as Bank of England Set to Hold Interest Rates
by Tara WhitmanHouseholds are bracing for another spike in inflation, with price rises expected to peak at four per cent in September, leaving millions facing higher costs for months to come. The …
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US President Donald Trump has removed Federal Reserve official Lisa Cook from her position, marking the first time in the central bank’s 111-year history that a president has fired a …
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Economy
Rachel Reeves Crisis: UK Borrowing Costs Hit 27-Year High as Gilt Yields Soar to 5.57%
by Darren Smith30-year gilt yields hit 5.57 per cent as inflation fears mount and Government’s fiscal position comes under scrutiny Government borrowing costs have soared to their highest levels in 27 years, …
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The Bank of England has cut its base interest rate from 4.25% to 4% in a narrow vote, delivering relief to mortgage holders and borrowers despite inflation rising to 3.6% …