The Monetary Policy Committee voted 6–3 to leave Bank Rate unchanged at 3.75% at its July meeting The Chancellor confirmed the next Budget for 28 October 2026, alongside an Office for Budget Responsibility forecast Prime Minister Andy Burnham addressed social care reform in England and did not rule out tax rises to help fund changes […]
Monthly archives: August 2026
In the news
63% of UK employees are unaware of the government’s planned 2029 salary sacrifice cap, according to new research Some parents have lost up to £10,000 due to private school fee scams, with average losses of £3,200 Research reveals that one in three adults have not prepared financially for later life Salary sacrifice confusion Although two […]
Economic Review – July 2026
The Monetary Policy Committee voted 6–3 to leave Bank Rate unchanged at 3.75% at its July meeting The Consumer Prices Index (CPI) rose by less than expected – 2.6% in the year to June, down from 2.8% in May UK consumer confidence rise helped by Burnham ‘bounce’, weather and World Cup while business confidence dips […]