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20th Nov 2025 19:39UKWeekly Monitor
  • The bar to data preventing a December MPC rate cut is now very high, in our view…
  • …But we expect an extended pause after a December cut, with inflation and growth likely to hold up.
  • The Budget will likely be less disinflationary and less credible after Ms. Reeves ditched an income-tax hike.

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Keywords for: 24 Nov 2025 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence