Economic Review – May 2026

In May’s Economic Review – The annual rate of UK inflation fell more sharply than expected, down to 2.8% in the year to April. Britain’s economy grew by 0.3% in March, defying expectations of a slight contraction linked to global conflict. According to ONS, the unemployment rate increased slightly to 5.0% in the three months to March. The annual rate Read More

Economic Review – April 2026

In April’s Economic Review – Bank of England policymakers voted to keep interest rates at 3.75%, opting for caution due to the unpredictability of the Middle East The UK faces a weaker economic outlook than any other G7 nation as a result of conflict, says the International Monetary Fund (IMF) Office for National Statistics figures indicate a more encouraging picture Read More

Tax Infographic 2026-27

Tax Infographic 2026-27 Some Important Tax Rates for 2026/27   Tax-free Savings for Individuals. Dividend Taxation. Income Tax Allowances. Personal Savings Allowance. Pension Annual Allowance. Inheritance Tax (IHT). Other IHT gifts. View PDF Information within this document is based on our current understanding of taxation and HMRC rules and can be subject to change in future. Some rules may vary in Read More

Economic Review – March 2026

In March’s  Economic Review – Middle East conflict hits UK economy, interest rates on hold and UK wage growth continues to ease. Key takeaways:   Office for Budget Responsibility warned the Middle East conflict will impact both global and UK economies significantly. Last month, Bank of England policymakers unanimously voted to maintain interest rates at their current level of 3.75%. Office Read More

Economic Review – February 2026

In our Economic Review of February – economy shows tentative rebound as inflation cools, markets rally and public finances improve   Key takeaways:  Office for National Statistics reported subdued late-2025 growth, but PMI signals stronger first-quarter expansion Inflation fell to 3.0%, raising expectations that Bank of England may cut rates soon FTSE 100 reached record highs as public finances posted a Read More

Economic Review – January 2026

In our Economic Review of January – UK growth surprises, inflation pressures ease, markets advance and consumers show resilience.   Key takeaways:  UK economic momentum strengthened into 2026, with GDP rebounding and business surveys signalling improving private sector confidence Inflation ticked higher in December, but economists expect the rise to fade as temporary factors unwind Markets delivered solid January gains despite Read More

Economic Review – December 2025

In our latest Economic Review for December – the Bank of England (BoE) warn further reductions were likely to become a ‘closer call,’ analysts suggest uncertainty ahead of the Budget affected growth, negatively impacting both consumer and business spending levels and retail conditions remain challenging.  Key takeaways:  “We still think rates are on a gradual path downward… how much further Read More

Economic Review – November 2025

In our Economic Review of November – the OBR sets out UK growth prospects, the Bank of England maintains interest rates at their current level following a tight vote and the labour market continues to weaken. And recent survey data suggests the retail environment remains tough, as consumer confidence declines. ONS data reveals the UK economy barely expanded across Q3, Read More