News in Review Wednesday 10th December 2025

This week’s News in Review reveals that global growth is holding up better than expected — but risks are rising. UK inflation stays sticky, construction slumps and energy bills look set to increase as grid investment ramps up.

Key takeaways:

  • Global growth is set to cool as tariffs bite, though resilient economies and easing inflation support longer-term stability
  • UK conditions remain mixed, with modest growth, persistent inflation pressures and regional housing markets moving at varied speeds
  • Construction output weakens sharply while long-term energy network investment pushes household bills higher over the coming years