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News
Inflation hits four-month high | Pump price rises slow
18+ min ago (492+ words) The UK inflation rate has risen to 2.9% in the 12 months to July, the Office for National Statistics (ONS) has announced. This compares to the rate of 2.6% announced last month for the year to June. July’s increase was driven by the…...
Bank of England maintains interest rate at 3.75%
2+ week, 5+ day ago (657+ words) The Bank of England has decided to maintain the interest rate at 3.75% as events in the Middle East continue to impact fuel and energy prices. The Monetary Policy Committee (MPC) voted by a majority of 6–3 to leave the rate unchanged....
New car registrations expected to hit almost 2.2m this year
2+ week, 6+ day ago (893+ words) New car registrations in the UK are expected to reach almost 2.2 million (2,193,547) units in 2026 – an 8.6% year-on-year increase – according to Cox Automotive’s latest new car forecast. However, Cox warns that, despite the growth, volumes would still remain 5.1% below the long-term average…...
Inflation falls thanks to lower fuel prices
4+ week, 1+ hour ago (652+ words) The rate of inflation in the UK has fallen, driven by lower pump prices, new figures from the Office for National Statistics (ONS) show. The inflation rate fell to 2.6% in the year to June, after it had remained at 2.8% in…...
Exclusive finance deal agreed between Mitsubishi and Lloyds
4+ week, 23+ hour ago (717+ words) International Motors Group has selected Black Horse and Lex Autolease as its sole preferred provider of retail and wholesale finance and leasing for Mitsubishi Motors in the UK The deal extends a joint venture relationship between Lloyds Banking Group and…...
Chancellor expected to scrap 5p fuel duty hike
3+ mon, 19+ hour ago (570+ words) The Chancellor Rachel Reeves is expected to announce later this week that she is shelving the planned 5 pence per litre increase in fuel duty. The move, expected to be announced on Thursday (May 21) as part of range of measures to…...
Inflation to rise further as Bank of England makes interest rate call
3+ mon, 2+ week ago (1161+ words) The Bank of England is warning that inflation is set to rise further, with its Monetary Policy Committee (MPC) voting decisively to hold interest rates at 3.75%. Just one member of the committee voted against maintaining the bank rate at 3.75%, instead…...