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INFLATION ALERT

Daily Mirror UK

|

October 15, 2025

UK tipped to have G7's highest price rises

- BY GRAHAM HISCOTT Head of Business

THE UK is predicted to have the highest inflation of any of the world's seven biggest economies this year and next.

The International Monetary Fund has tipped prices here to increase slightly more than expected in its previous forecast in July.

It could reduce the chance of another Bank of England interest rate cut any time soon.

There was better news for Chancellor Rachel Reeves as the IMF upped its forecast for UK economic growth for this year. But it also slightly cut its estimate for 2026.

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