UK economic news and analysis for wealth management professionals: interest rates, inflation, gilt markets, Bank of England decisions and the Budget, and what they mean for client portfolios.
The Chancellor is reported to be considering taxing succession buybacks as income rather than capital gains in the 28 October Budget, building on an HMRC consultation that closed last month. Chancellor John Healey is…
The Bank of England governor said it was too early to judge whether the energy shock is feeding into wider prices, with a split MPC weighing a rise…
A retreat in oil took some heat out of the gilt market on Friday, but the 10-year yield ended the week close to its highest level since 2007,…
Treasury Committee opens evidence-gathering on the 30-year-old framework, asking whether the Bank’s remit still serves an economy with higher debt and stickier inflation than the one it was…
MPC votes 6-3 to hold as inflation heads for 4%, while a plan to sell £146bn of bonds back to the Treasury complicates the fiscal backdrop for November’s…
Brent’s jump to four-month highs on Hormuz and Saudi supply fears lands three days before the MPC’s next rate decision, reviving the inflation risk the Bank has been…
BBA mortgage rate unchanged for a second straight month, even as house price measures diverge The BBA mortgage rate, the average reversion rate on sterling mortgages compiled from…
Halifax House Price Index, published by Lloyds Banking Group, shows prices down 0.4% year-on-year in August after a run of sharp deceleration through the summer UK house prices…
