In November, we learned that UK consumer prices rose by 3.6% in the year to October, down from September.
Investors are closely watching the Bank of England’s (BoE) upcoming December decision on interest rates, with
markets widely expecting a rate cut amid softening inflation and an uncertain labour market.
Today, Chancellor Rachel Reeves announced one of the most closely-watched Autumn Budgets in recent memory. She faces a difficult economic reality: stubborn inflation, rising unemployment, weak productivity, and high debt servicing costs. Against this backdrop, she has had to create a spending and taxation plan that doesn’t politically sink the already-unpopular Labour government.
In October, we learned that UK consumer prices rose by 3.8% in the year to September, unchanged from the month prior. Investors watched the Bank of England (BoE) for any signs of likely interest rate changes
In September, UK consumer prices rose by 3.8% in the year to August, unchanged from the month prior. Rising prices in
hotels and restaurants as well as food and non-alcoholic beverages saw month-on-month rises, offsetting falling prices of
transport.
In August, we learned that UK consumer prices rose by 3.8% in July, up from 3.6% the month prior. As was the case last month, transport
remained the largest contributor to inflation, primarily due to rising airfares. The Bank of England’s (BoE) Monetary Policy Committee
opted to cut interes
In July, UK consumer prices rose by 3.6% in the year to June, up from 3.4% the month prior. Transport and fuel were the biggest contributors to this increase and were partially offset
Over the last few years, we have seen some very concerning headlines. Here are just a few examples
In June, it was reported that UK consumer prices rose by 3.4% in the 12 months to May, down from 3.5% in April. The main driver behind this modest decline was a fall in transport costs, though this was partially offset by price increases in food, furniture, and household goods.
In May, we learned that UK consumer prices had risen by 3.5% over the 12 months to April, up from 2.6% in March. This increase was largely a result of rising household energy and water bills. Despite this, the Bank of England (BoE) voted to cut
In our recent article, we explore how markets have responded to a series of dramatic headlines – from shifting trade policies to geopolitical tensions. We delve into the reasons
