UK inflation fell to 3.6% in October, easing pressure before the Autumn Budget. See ONS data, political reactions, economist views and expected tax changes.
UK energy price cap forecast to drop to £1,725 in January, offering short-term relief before rising nearly £100 in April due to network and policy costs Cornwall Insight.
Business leaders warn against levy
Former chancellor George Osborne is shortlisted to succeed Sir Mark Tucker as HSBC chair, joining Naguib Kheraj and Kevin Sneader in the final selection.
UK economy expands only 0.1% in Q3 as Jaguar Land Rover cyber-attack hits manufacturing, with weak services and low investment dragging growth.
UK unemployment rises to 5%, highest since 2021, as payrolls fall and labour market weakens ahead of Rachel Reeves’s budget.
UK (Parliament Politics Magazine) – The Bank of England keeps interest rates at 4% as Chancellor Rachel Reeves prepares her key budget, with inflation still almost double the official 2% target. As reported by The Guardian, the central bank’s policymakers kept interest
UK (Parliament Politics Magazine) – Sainsbury’s CEO Simon Roberts warns Reeves against tax hikes on retailers, citing inflation risks, while reporting profits and plans for major store expansion. As reported by The Guardian, the head of the UK’s second-biggest supermarket has urged
UK (Parliament Politics Magazine) – Marks & Spencer profits drop to £184.1M after cyber-attack halts online orders, with clothing and homeware sales down, while food sales rise 7.8%. As reported by The Guardian, Marks & Spencer’s profits have fallen by over half
