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Economy

UK Inflation Rises to 2.9% in July as Ofgem Price Cap Hike Drives Energy Bills Higher

UK inflation rose to 2.9% in July 2026, its highest reading in four months, according to Office for National Statistics data published on 19 August 2026. The increase, up from 2.6% in June, was driven principally by a jump in household energy bills following …

Ankur Sharma | 24 August 2026

UK Immigration Crisis Puts Andy Burnham Under Pressure as Reform UK Gains Ground

Britain's immigration debate is intensifying as Prime Minister Andy Burnham faces growing pressure to demonstrate that his government can regain public confidence in the country's migration system.

Ankur Sharma | 24 August 2026

UK Inflation Surges Again: What the 2.9% CPI Rise Means for Interest Rates and Markets

The July reading moved further above the Bank of England’s 2% inflation target.

Ankur Sharma | 24 August 2026

UK Retail Sales Miss Expectations as Consumers Pull Back Amid Economic Uncertainty

Annual retail sales growth slowed to 1.6%, below the 2.2% expected by economists.

Ankur Sharma | 24 August 2026

UK Ukraine Strategy Intensifies as Burnham Heads to Kyiv for High-Stakes European Security Talks

Andy Burnham's decision to make Kyiv his first international destination as Prime Minister is highly significant for Britain's foreign policy.

Ankur Sharma | 24 August 2026

UK Government Housing Push Faces Major Test as Rents, Supply and Affordability Stay in Focus

Housing is emerging as one of the biggest domestic challenges facing Andy Burnham's government.

Ankur Sharma | 24 August 2026

UK Government Under Pressure to Fix Public Services as Burnham Targets NHS and Local Government

Andy Burnham's government faces a major domestic challenge as pressure on Britain's public services remains high.

Ankur Sharma | 24 August 2026

UK Growth Outlook Improves as Services PMI Hits Six-Month High Despite Inflation Risks

UK private-sector activity strengthened in August, signalling renewed momentum entering the second half of 2026.

Ankur Sharma | 24 August 2026

Andy Burnham Faces UK Growth Challenge as Government Balances Spending and Economic Stability

Andy Burnham's government is entering a crucial period in which economic policy is likely to determine much of its political credibility.

Ankur Sharma | 24 August 2026

Britain Faces Fresh Tax and Spending Challenge as Andy Burnham Government Sets Fiscal Direction

Taxation is likely to become one of the most politically sensitive issues facing Andy Burnham's government.

Ankur Sharma | 24 August 2026
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