News

Weekly Market Commentary

Posted on: Aug 16, 2023

Last Friday, newly released data from the Office for National Statistics (ONS) revealed a better-than-expected uplift in UK economic growth.

Last Thursday, the Bank of England’s (BoE) Monetary Policy Committee (MPC) voted to increase Bank Rate to 5.25%, a fourteenth consecutive rise that has taken Bank Rate to its highest level in 15 years.

Weekly Market Commentary

Posted on: Aug 02, 2023

Interest rates in the UK will need to stay higher for longer than previously forecast to tackle inflation, the International Monetary Fund (IMF) warned last week, despite improvements in the country’s economic outlook since the start of 2023.

Supporting our people during the cost of living crisis

We recently announced a Cost of Living Support Package to run throughout 2023 for all of our employed support staff. This is in response to the well-publicised pressures on day-to-day finances due to rising inflation and soaring energy bills.