Wealth Design News

Inflation in the UK was unchanged at 2% last month as falling retail prices offset higher inflation in the hospitality sector. However, core inflation remains high at 3.5%, and the high

The outlook for the UK economy continues to improve as GDP grew far more than expected in May. GDP increased by 0.4%, after zero growth was recorded in April, as annual

This week brought an end to 14 years of Conservative government. A widely predicted result, the main drama revolved around how much they might lose by. A lot as it happened.

This week has been dominated by elections. In the UK, we’re approaching the end of a thankfully short and relatively surprise-free election. Surprise free doesn’t mean uninteresting, however. Rishi Sunak’s campaign

The Bank of England left interest rates unchanged despite inflation falling to 2%. High food prices have been one of the major drivers of inflation but the cost of food is

The UK’s economic growth from the first quarter evaporated in April as the size of the UK economy was unchanged. Growth in the services sector slowed but it was still enough

This week brought the first interest rate cuts for developed economies as the inflation caused by pandemic-era shortages has slowed enough for central banks to begin easing. The shift to rate

This week a general sense of pessimism returned to bond markets as the prospect of central bank rate cuts has been pushed back, again. Leading the case for higher for longer

UK inflation fell sharply last month. CPI dropped to 2.3% from 3.2% in March as lower energy prices took effect. Core inflation, excluding volatile food and energy costs, also fell, although