YOU WONT BELIEVE: Matt swannell | Mind Blowing Facts

Why has inflation shot up and where will it go from here?

Experts are predicting further inflation pain later this year caused by the ongoing Middle East conflict.

Evening Standard · Aug 19

UK 'On Brink' Of Recession — 250,000 People Could Lose Jobs By Mid-2027 Due To Iran War

EY Item Club warns the UK will 'flirt with recession' as the Iran conflict oil shock pushes unemployment to 5.8 per cent and halves GDP growth forecast.

International Business Times UK · Apr 20

UK to narrowly avoid recession and jobless rate to surge, Item Club warns

The independent forecasting group said interest rates will remain on hold in 2026 despite soaring inflation caused by the Iran war.

Evening Standard · Apr 19

Why has inflation risen unexpectedly and what does it mean for households?

Official data showed Consumer Prices Index inflation rose to 3.6% in June, up from 3.4% in May and the highest since January 2024.

The Independent UK · Jul 16, 2025

Labour Government borrows almost £15bn more than expected

The Labour Government borrowed almost £15 billion more than forecast in the last financial year, according to official figures ...

The National (Scotland) · Apr 23, 2025

UK Government borrowing exceeds forecast as tariffs to weigh on public purse

The latest figures from the Office for National Statistics show public sector net borrowing rose to £151.9 billion in the year to the end of March.

Evening Standard · Apr 23, 2025

Wage growth accelerates despite flagging jobs market

Official figures revealed that average regular pay surged again, to 5.6% in the three months to November.

Evening Standard · Jan 21, 2025

Reeves may have to U-turn over no more tax rises, warn economists

Dramatic economic slowdown means chancellor could face lower receipts and higher borrowing costs in 2025

The Guardian - UK · Dec 20, 2024

Bank of England holds interest rates at 4.75% but says UK economy stagnating

The Bank’s Monetary Policy Committee said it was keeping rates unchanged on Thursday following a divided vote among policymakers.

Evening Standard · Dec 19, 2024

Growth in UK construction sector slows amid housebuilding decline

The latest S&P Global construction purchasing managers’ index (PMI) scored 54.3 in October, down from 57.2 in the previous month.

Evening Standard · Nov 6, 2024