UK Rents and House Prices: Mixed Trends

The latest data from the Office for National Statistics (ONS) shows mixed trends in the UK housing market, with a slight cooling in rental inflation while house price growth remains steady. Key Findings: Rents: Average UK monthly private rents increased by 6.7% to...

Bank of England Holds Interest Rates

The Bank of England has kept its interest rate at 4% to combat persistently high inflation, which currently sits at 3.8%, above the government’s 2% target. The Monetary Policy Committee (MPC) voted 7-2 to hold the rate steady. In addition to holding rates, the...