Rachel Reeves considers an income tax rise as the Bank of England freezes rates and households face mounting financial pressure ahead of the November Budget.
IMF says UK inflation will be highest in G7 in 2025, pressuring the Budget and rate path. What it means for households, markets, and growth.
The Bank of England is set to cut interest rates from 4.25% to 4.00% next week, aiming to counter slowing inflation and rising unemployment. Analysts expect more cuts by year-end
By Fidelis News | 16 July 2025 | UK News – Economic Update UK inflation rose to 3.6% in June, reaching its highest level since January 2024 and surprising both analysts and the markets. Driven by increasing costs in food, transport, and services, the latest inflation figures are prompting renewed scrutiny of the Bank of…