Topic
Read published news, official announcements and analysis related to United Kingdom. Check each article’s source, date and applicable scope.
The Bank of England raised Bank Rate by 25 basis points to 4% in its November decision. The MPC cited building inflationary pressure from energy prices and stronger-than-expected activity, with one member favouring a larger increase.
UK broad money annual growth slowed to 4% in September 2026, while private-sector net lending growth eased to 6.2%. Both Bank of England measures remained positive but were below their June readings.
UK annual CPI inflation rose to 3.5% in September 2026 from 3.1% in August, while CPIH increased to 3.6% from 3.3%. Both measures have risen at each monthly observation since June.
UK broad money annual growth rose to 4.5% in August 2026, while lending growth held at 6.4%, Bank of England figures show. The readings suggest steadier monetary expansion rather than a broad acceleration.
UK nominal regular-pay growth rose to 3.7% in June–August 2026, while real regular-pay growth remained at 0.6%. The ONS figures show a modest pickup in nominal earnings growth without a corresponding acceleration in inflation-adjusted pay.
UK unemployment fell to 4.7% in June–August 2026, while the employment rate rose to 75.3%, according to the ONS. Both seasonally adjusted rates improved after four unchanged rolling estimates.
UK real GDP rose 0.1% in August 2026, slowing from July’s 0.4% increase. Growth over the three months to August strengthened to 0.7%, showing firmer activity over the broader period despite the softer monthly result.
UK annual CPI inflation rose to 3.1% in August 2026, while CPIH reached 3.3%, according to ONS data. Both rates increased for a second consecutive month, reversing part of the easing seen earlier in the year.
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