News in Review
The average property price now stands at £299,313, which is 0.4% higher than April 2025 Last week’s local elections indicated a changing political landscape with Reform gaining considerable ground The Q2 manufacturing sector improvement was largely due to a rise in output, new orders and employment “The housing market continues to display the resilience that […]
News in Review
Eight members of the Monetary Policy Committee favoured maintaining Bank Rate at the lowest level since February 2023 Lloyd’s Business Barometer showed a drop in business confidence, 11% down on the previous month The latest house price data surprised experts, as Nationwide recorded annual growth of 3.0% in April, up from March’s 2.2% “The right […]
Economic Review – April 2026
Bank of England policymakers voted to keep interest rates at 3.75%, opting for caution due to the unpredictability of the Middle East The UK faces a weaker economic outlook than any other G7 nation as a result of conflict, says the International Monetary Fund (IMF) Office for National Statistics figures indicate a more encouraging picture […]
News in Review
Prices increased by 3.3% in the 12 months to March, up from 3% in February – motor fuels a key driver King Charles began a four-day state visit to the United States to promote reconciliation of UK-US relations Statistics from HMRC have found that, in the 2025/26 financial year, Inheritance Tax (IHT) receipts reached £8.5bn […]
Commercial Property Review – April 2026
UK Commercial real estate – Q1 capital values remained flat and 1.4% quarterly total returns driven by income returns New business rates – new rateable values hit over two million non-domestic English properties from 1 April Retail and hotel – experiential retail transforms the sector and UK hotel investment exceeds £1bn in Q1 Commercial market […]
News in Review
The latest IMF global economic outlook outlined annual growth of 3.1%, a reduction on January’s forecast of 3.3% Sir Keir Starmer confirmed the UK would not take part in enforcing the US military blockade of Iranian ports Last month, house sales activity weakened significantly due to geopolitical uncertainty and rising borrowing costs “A resilient world […]
News in Review
The latest IMF global economic outlook outlined annual growth of 3.1%, a reduction on January’s forecast of 3.3% Sir Keir Starmer confirmed the UK would not take part in enforcing the US military blockade of Iranian ports Last month, house sales activity weakened significantly due to geopolitical uncertainty and rising borrowing costs “A resilient world […]
News in Review
The latest figures from Nationwide show that UK house prices grew by an annual rise of 2.2% As the Middle East conflict strains the UK-US relationship, urgent plans are underway to strengthen EU economic ties An estimated 2.7 million workers received a pay rise last week, as the national minimum wage increased “Housing market activity […]
Economic Review March 2026
Office for Budget Responsibility warned the Middle East conflict will impact both global and UK economies significantly Last month, Bank of England policymakers unanimously voted to maintain interest rates at their current level of 3.75% Office for National Statistics figures indicate pay growth is slowest for five years and consumer confidence dipped Middle East conflict […]
News in Review
Latest data from the Office for National Statistics show the annual inflation rate remained at 3% since February 2025 According to recent forecasts, the UK could be among the hardest hit G7 country, due to global events Consumer attitudes about the general economic situation expectations for the year ahead dropped by six points to -37 […]