Finance
UK Rates Held at 3.75% Amid Global Conflict, Mortgage Outlook Shifts
The Bank of England has maintained its base rate at 3.75% for the fifth consecutive time, as geopolitical tensions disrupt earlier expectations...
#uk economy 27 articles
Economy
Burnham Faces £24 Billion Inflation Squeeze, NIESR Warns
UK public services face a £24 billion hit this parliamentary term due to inflation and energy costs, NIESR warns, urging Prime Minister...
Investing
Gen Z’s £2.4 Million Retirement Challenge: No State Pension Expected
Half of Gen Z anticipates no state pension, driving them to radically rethink retirement. Many are now saving aggressively or exploring high-risk...
Economy
Forced Labor Tariffs Expose UK’s Weakened US Trade Position
Faisal Islam reports the UK's trade arrangement with the US now appears less favorable than the EU's, despite President Trump's new tariffs....
Economy
UK Inflation Dips on Food & Fuel, But Analysts Warn of Imminent Rebound
UK inflation fell to 2.6% in June, driven by slowing food price rises and lower fuel costs, offering temporary relief. Analysts warn...
Finance
MPs Urge NI Cut for Under-25s to Boost Youth Jobs
A parliamentary committee recommends cutting employer National Insurance for under-25s, citing "overwhelming evidence" that rising costs hinder youth employment and training, impacting...
Investing
UK Economy Rebounds 0.1% in May, Fragility Persists Amid Geopolitical Tensions
The UK economy grew by 0.1% in May, reversing April's contraction, driven by services despite impacts from the Iran war. Analysts warn...
Finance
BoE Chief Economist Signals Rate Hike Needed This Year to Curb Inflation
Bank of England Chief Economist Huw Pill indicates interest rates may need to rise this year, citing persistent inflation above target and...
Finance
Three in Five UK Homes Unsold as High Mortgage Rates Deter Buyers
Three in five homes listed for sale since January remain on the market, according to Zoopla, as high mortgage rates continue to...