World Economy


  • Interest rates – remain at 4.75%. The next MPC decision will be on October 6.
  • CPI – remains at 2.5%. The next inflation report will be on October 17.
  • Consumer Confidence - remains at -8 . The next consumer confidence report will be on September 29.
  • UK Manufacturers are worried about higher energy prices, having seen their costs jump by at least 30% in the last year
  • UK personal unsecured debt is almost twice that of other Western European economies, with the average person owing £3,175.
 
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