Inflation

UK inflation fell to 3.2% in November after food, clothing and energy prices cooled. ONS data now signals that Bank of England rate cuts are likely, reshaping borrowing, mortgages and the 2026 economy.

Why has UK inflation fallen to 3.2% and is the Bank of England now forced to cut rates

UK GDP fell 0.1% in October as Budget leaks, inflation, high employment costs, and economic uncertainty weigh on businesses ahead of the holiday season.

UK GDP Shrinks 0.1% in October as London Businesses Struggle Amid Budget Uncertainty

Bank of England holds rates at 4% (5-4 vote) but confirms CPI inflation has peaked at 3.8%. Governor Bailey seeks more evidence before cutting. Budget awaited.

Bank of England Holds Rates at 4% and Declares UK Inflation Has Peaked