Economic Review – October 2026
Banks will make what Healey described as a “temporary additional contribution to help fund household support” The UK economy performed better than expected, despite disruption from geopolitical conflict and higher energy costs Office for National Statistics (ONS) figures showed the employment rate rose to 75.3% in the three months to August Healey makes Budget pledge […]
Budget 2026
Rising costs remain a concern, with energy bill support and changes to household charges aimed at easing financial pressures The OBR has upgraded its 2026 growth forecast to 1.2% but lowered its 2027 projection to 1.0% The Your First Home scheme will receive £4.7bn in government-backed lending, aiming to help around 70,000 first-time buyers in […]
News in Review
Annual inflation rose from 3.1% in August to 3.5% in September, partly due to higher petrol and diesel prices Consumer confidence declines, with worsening economic and personal financial outlooks reaching near-record lows Inheritance Tax (IHT) receipts highest on record in September 2026, according to data from HM Revenue & Customs “High energy costs continue to […]
Commercial Property Review – October 2026
Government funding is being directed towards revitalising high streets, bringing vacant properties back into productive community use The logistics sector continues to perform strongly, supported by investment demand and ongoing requirements for high-quality warehouse space Garden centres remain a resilient retail success story, attracting significant visitor numbers and contributing billions to the UK economy Reviving […]
News in Review
In the three months to August, GDP increased by 0.7%, marking the eighth consecutive three-month on three-month increase The FSB has urged Chancellor John Healey to expand the Small Business Rate Relief (SBRR) at next week’s Budget Over a third (35%) of UK adults were saving more than usual in Q3, up from 28% in […]
News in Review
IMF reports steady global growth continuing from spring but with significant variations across economies – particularly those impacted by war and reliant on energy imports UK borrowing costs reached the highest level since 1998, with the yield on 30-year gilts rising to 6.03%, driven by a combination of factors including elevated energy prices The average […]
News in Review
September’s growth rate marks the weakest annual pace since December 2025 and is attributed to the ongoing economic uncertainty The number of sub-5% fixed mortgage deals fell by 99% in September, with average fixed mortgage rates reaching their highest level in 3 years “Businesses across the UK are telling us they see opportunities to grow… […]
Economic Review – September 2026
The Bank of England kept interest rates unchanged at 3.75% in September but warned of potential rates rise The Organisation for Economic Co-operation and Development (OECD) expects global GDP to grow by 2.9% in 2026 The Office for National Statistics (ONS) reported public sector borrowing of £18.3bn, £2.9bn more than a year earlier Interest rates […]
News in Review
To raise funds for the UK’s National Care Services, the triple lock will be adjusted from April 2030, rising every year by inflation or 2.5%, whichever is higher The latest OECD outlook has projected a rise in global GDP for 2026 and forecasts the UK economy will grow by 1.1% The head of the International […]
News in Review
In its MPC summary, the Bank of England said it expects inflation to rise further in the coming months In the US, the Federal Reserve is also working to slow inflation, resulting in the first rate increase since 2023 The Chancellor has sought entry to the EU’s ‘Made in Europe’ programme, protecting industries from unfair […]