Rates of interest: All the important thing particulars
Right this moment’s massive focus would be the Financial institution of England deciding on whether or not to chop rates of interest or not. Right here’s what you should know:
When: At 12 midday we get their announcement
What: The 9 MPC members vote to chop, maintain or elevate charges
Final time: In August charges have been lower right down to the present 4% stage
This time: Specialists predict no lower at present – right here’s the element, causes and what comes subsequent.
Karl Matchett18 September 2025 07:24
Amazon proclaims above inflation pay rise for workers
On-line large Amazon has introduced an above inflation pay rise for its workers.
From the top of the month the minimal beginning pay will rise by 5.9% to £14.30-an-hour or by 5.5% to £15.30-an-hour relying on location.
Annual salaries for frontline workers will begin at a minimal of £29,744 and as much as £31,824 relying on location.
The rise will have an effect on tens of 1000’s of employees throughout the UK, mentioned Amazon, including that its minimal beginning pay could have risen by 43% since 2022.
Karl Matchett18 September 2025 07:16
Yesterday’s knowledge confirmed UK inflation remained unchanged final month at 3.8 per cent, however customers are nonetheless dealing with rising foods and drinks prices on a number of the hottest on a regular basis objects like espresso and chocolate.
Foods and drinks worth rises have accelerated for the fifth month in a row, in one other hit to the poorest households, with the chancellor admitting that many individuals are “discovering it powerful”.
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