In this week’s New in Review – The Bank of England held interest rates at 4% while monitoring inflation progress, COP30 opened with global climate discussions, first-time buyers await policy clarity, landlords react to rental reforms and unemployment rose slightly.
Key takeaways:
Pre-Budget uncertainty is influencing first-time buyers and landlords, impacting housing activity and rental market behaviour
The Bank of England maintained rates at 4%, signalling caution while monitoring inflation’s trajectory before further cuts
COP30 focused on climate finance and meeting global emissions goals, with notable absences from major emitting nations’ leaders