UK companies expect to increase wages by 3.8% over the next year, according to a Bank of England survey that’s likely to fuel concerns among some rate-setters about sticky inflation.
UK companies expect to increase wages by 3.8% over the next year, according to a Bank of England survey that’s likely to fuel concerns among some rate-setters about sticky inflation.
Demand for home loans fell slightly in October as prospective buyers put decisions on ice amid fears of tax rises targeting the UK property market in the budget.
Demand for home loans fell slightly in October as prospective buyers put decisions on ice amid fears of tax rises targeting the UK property market in the budget.
Estate agents 'For Sale' and 'Let' signs outside residential properties in Guildford, UK, on Monday, July 28, 2025. The number of UK home loans given the green light rose to a three-month high in June, as the housing market continued to shake off the impact of April’s tax hike.
Britain remains on course to borrow billions more than forecast this year, underscoring the perilous state of the public finances as Chancellor of the Exchequer Rachel Reeves prepares her make-or-break budget.
Britain remains on course to borrow billions more than forecast this year, underscoring the perilous state of the public finances as Chancellor of the Exchequer Rachel Reeves prepares her make-or-break budget.
Skyscrapers and commercial buildings on the skyline of the City of London. Photographer: Jose Sarmento Matos/Bloomberg
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