No Change for Inflation and Interest Rates
The Office for National Statistics (ONS) confirmed last week that the annual inflation rate for August 2025 stood at 3.8%, the same level recorded in July. Although airfare costs rose at a slower pace over the year, food prices continued to climb, reaching 5.1% in August. This persistent increase is placing added strain on households as well as hospitality businesses. UK inflation remains higher than Europe The ONS highlighted that inflation in the UK appears to be “significantly higher” than in France (0.8%) and Germany (2.1%).One contributing factor is the rise in employers’ National Insurance contributions, which many businesses have [...]







