Related topic: uk economy

Despite the surprise ease in inflation, industry experts say the fall is unlikely to be sustained.

The IMF has upgraded GDP from 0.8% to 1% for 2026, but warns that domestic and international risks remain.

Monthly GDP grew by 0.3% in March, following growth of 0.4% in February, despite the outbreak of war in Iran.

One member voted to increase Bank Rate to 4%.

The rise reflects higher energy prices alongside wider economic uncertainty, although many industry experts expect the Bank of England to pause rather than hike rates.

Could better-than-expected GDP figures prompt the Bank of England to hold rather than hike rates?

The UK is projected to suffer the sharpest cut to economic growth forecasts.

Holding policy steady is preferable until the impact becomes clearer, Taylor says.

Markets are now pricing in the possibility of multiple interest rate increases this year.

7% of Baby Boomers have shifted assets into lower risk accounts amid economic and market pressures.