Inflation: UK sees another rise to 3.6% – but interest rates still likely to drop
That’s it for us today, thanks for joining us and we’ll be back with our usual business blog across the rest of the week.
- Inflation rises to 3.6%, higher than anticipated
- Interest rates still expected to be cut to 4% next month
- Rachel Reeves’ plan to encourage investors sees first meaningful steps planned
- Barclays are fined £42m over poor money laundering checks
- Diageo chief steps down with immediate effect
- FTSE 100 set to close higher
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Karl Matchett16 July 2025 16:03
Inflation and Business news – 16 July
Good morning and welcome to The Independent’s live business blog, where today we’re focusing on inflation figures for June as well as reaction to Rachel Reeves’ speech last night, stock market news and more.
Karl Matchett16 July 2025 05:58