Economic Review — July 2026

i View as a PDF Bank of England keeps rates steady as stronger Q1 growth revealed The Bank of England’s Monetary Policy Committee (MPC) voted 7–2 to leave Bank Rate unchanged at 3.75% at its June meeting, a decision widely anticipated by a Reuters poll of economists....

Economic Review — June 2026

i View as a PDF Inflation eases, but Middle East conflict remains a concern The annual rate of UK inflation fell more sharply than expected, dropping to 2.8% in the year to April from 3.3% in the year to March, according to the Office for National Statistics (ONS)....

Economic Review — May 2026

i View as a PDF Bank of England holds rates as inflation complicates outlook On 30 April, Bank of England (BoE) policymakers voted to keep interest rates at 3.75%, opting for caution in the face of a rapidly changing inflation picture driven primarily by ongoing...

Economic Review — April 2026

i View as a PDF Middle East conflict hits UK economy The Office for Budget Responsibility (OBR) warned the Middle East conflict will have ‘very significant impacts on the global and UK economies’ as the Chancellor unveiled the independent forecaster’s latest economic...

Economic Review — March 2026

i View as a PDF Survey highlights signs of encouragement Although Office for National Statistics (ONS) figures released last month did reveal that the UK economy barely grew in the fourth quarter of 2025, a closely-watched survey suggests the economy has enjoyed a...