In August, we learned that UK consumer prices rose by 2.9% in the year to July, up from 2.6% in June, marking the first increase in inflation since March.

In July, we learned that UK consumer prices rose by 2.6% in the year to June, down from 2.8% in May. Against this backdrop, the Bank of England (BoE) have left interest rates unchanged (now since December 2025) at 3.75%, reflecting a cautious approach amid economic uncertainty

In June, we learned that UK consumer prices rose by 2.8% in the year to May, unchanged from the month prior, with higher transport costs and falling food prices balancing out. The Bank of England (BoE) maintained interest rates at 3.75%, reiterating

In May, UK consumer price inflation fell sharply to 2.8% in the year to April, down from 3.3% in March, coming in below market expectations. The decline was largely driven by lower household energy bills following Ofgem’s price cap, though this is likely to prove temporary as higher global energy

In April, UK consumer price inflation rose to 3.3% in the year to March, up from 3.0% in February. The Bank of England kept interest rates unchanged at 3.75% at their April meeting

In March, we learned that UK consumer prices rose 3.0% in the year to February, unchanged from the month prior. The Bank of England (BoE) left interest rates unchanged at 3.75%

In February, we learned that UK consumer prices rose 3.0% in the year to January, down from 3.4% in December. GDP growth was sluggish in 4Q25 and unemployment rose to a post‑pandemic high, both dragging down consumer confidence

Global markets were volatile in January as geopolitical tensions rose, beginning with the US‑led removal of Venezuela’s President, followed by a proposed US

In December, we learned that UK consumer prices fell to 3.2% in the year to November, down from 3.6% in October.

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.