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surreycomet.co.uk > news > national > 26281391.energy-inflation-regional-divides-weighing-uk-living-standards---oecd

Energy inflation and regional divides weighing on UK living standards – OECD

5+ hour, 28+ min ago  (382+ words) The UK economy is being held back by renewed energy inflation sparked by the Middle East conflict, an influential economic body has said, as it urged the Government to accelerate its pro-growth agenda and tackle regional divides. The Organisation of…...

Surrey Comet
surreycomet.co.uk > news > national > 26255335.housebuilding-activity-hits-2026-low-point-amid-construction-downturn

Housebuilding activity hits 2026 low point amid construction downturn

1+ week, 2+ day ago  (375+ words) Activity in the UK housebuilding sector fell at the fastest pace so far this year as the wider construction sector remained firmly in contraction, according to new figures. The S&P Global UK construction PMI showed a reading of 38.4 in…...

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surreycomet.co.uk > news > national > 26149514.bank-england-can-tolerate-inflation-2-target-says-bailey

Bank of England can tolerate inflation above 2% target, says Bailey

1+ mon, 2+ week ago  (284+ words) The Governor of the Bank of England has said that allowing inflation to remain above target levels for a period is “appropriate” in the face of uncertainty and weakness in the economy. Andrew Bailey told an audience in Reykjavik, Iceland,…...

Surrey Comet
surreycomet.co.uk > news > national > 25989846.oven-pride-firm-mcbride-sees-first-signs-supply-shortages-due-iran-war

Oven Pride firm McBride sees ‘first signs’ of supply shortages due to Iran war

3+ mon, 1+ week ago  (293+ words) Oven Pride household goods group McBride has revealed “temporary” price hikes to cover increased costs from the Iran war and warned it was seeing the first signs of supply shortages caused by the conflict. The group, which makes branded and…...

Surrey Comet
surreycomet.co.uk > news > national > uk-today > 25975388.financial-changes-spring-save-households-800-year

Financial changes this spring could save households over £800 a year

3+ mon, 2+ week ago  (650+ words) Financial changes this spring could save households more than £800 a year - as Brits celebrate the ‘bills boss’ of their home. A study of 2,000 adults found 65 per cent have a designated member of the family who takes charge of the finances,…...

Surrey Comet
surreycomet.co.uk > news > national > 25949457.interest-rates-set-held-steady-iran-war-clouds-inflation-outlook

Interest rates set to be held steady as Iran war clouds inflation outlook

3+ mon, 3+ week ago  (508+ words) UK borrowing costs are set to stay the same as concerns about the impact of the Iran war on inflation put any plans for a cut on ice, economists think. The Bank of England is widely expected to keep interest…...

Surrey Comet
surreycomet.co.uk > news > national > 25937616.uk-interest-rate-cut-off-table-amid-middle-east-conflict-economists-say

UK interest rate cut off the table amid Middle East conflict, economists say

4+ mon, 1+ hour ago  (499+ words) Soaring energy prices caused by the war in Iran means an interest rate cut next week “makes no sense”, with future reductions also hanging in the balance, economists have said. Economists have changed their opinion on what will happen to…...

Surrey Comet
surreycomet.co.uk > news > national > 25919737.flurry-mortgage-rate-hikes-unwelcome-news-homeowners

Flurry of mortgage rate hikes in more ‘unwelcome news’ for homeowners

4+ mon, 6+ day ago  (730+ words) Mortgage borrowers looking for a new deal will have some “unwelcome news”, a website has warned, as it saw a flurry of lenders reveal hikes to their rates, pushing up average fixed rates for homeowners to choose from. Financial information…...