Economic Review – June 2026

The Monetary Policy Committee voted 7–2 to leave Bank Rate unchanged at 3.75% at its June meeting Official figures suggest consumers returned to the high street during May, with warmer weather helping lift retail activity UK Consumer Price Index inflation held steady at 2.8% in May, defying analyst forecasts of 3.0% rise Bank of England […]

News in Review

UK growth in Q1 was driven by expansion in all sectors, with the services sector making the largest upward contribution Andy Burnham has outlined his plans for a decentralised government in the first speech of his bid to become Prime Minister The Treasury is to introduce a 22% tax levy on cash held in Stocks […]

News in Review

Starmer’s departure clears the way for the country’s seventh Prime Minister in a decade, in time for the summer recess Experts were surprised by the latest data from the Office for National Statistics, expecting inflation to rise to 3% The Monetary Policy Committee voted to retain Bank Rate at 3.75%. The Federal Reserve did likewise […]

News in Review

UK GDP is expected to grow by 1.1% in 2026 and 0.9% in 2027, down from previous CBI projections The White House and Iran have agreed on a framework deal aimed at securing an end to hostilities UK retail sales increased by 3.7% annually last month, up from growth of 1.0% in May 2025 “What’s […]

In the news

Almost one in five first-time buyers are searching for mortgages below 60% loan-to-value The Lifetime ISA will be replaced with a new savings product focused on first-time buyers Average mortgage payments are projected to fall to around 40-41% of gross salaries, lowest since 2021 Growing divide in first-time buyer deposits Almost one in five first-time […]

Small steps to securing your financial future – it is attainable!

Average pension savings lag significantly behind comfortable retirement targets Changing pension rules and longevity trends demand proactive planning Reviewing contributions and investment strategy can reduce future shortfalls It can be easy to disengage when you see the statistics about how much you’ll need for a comfortable retirement, especially when you’re working hard and the demands […]

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