Global Scans · UK · Weekly Summary

WHAT'S NEXT?: Achieving Brexit will dominate the UK's agenda up to and beyond 2020 with uncertainty rife until clear decisions are made on the form of Great Britain's future relationship with the EU and the rest of the world.

• [New] With the Bank of England now expecting inflation to fall towards its 2% target over the coming months, a cut is looking more likely going forward. Tembo Money
• [New] The UK, France and Germany created a payment system allowing for trade of certain products, such as pharmaceuticals and agri-food goods, in light of the potential for EU companies to breach US sanctions. Mishcon de Reya LLP
• [New] The Bank of England says it will roll out its stablecoin framework as quickly as the US, focusing first on systemic coins. Coinpedia Fintech News
• [New] Armed Forces personnel and their families in Wales will benefit from the most significant transformation of UK military housing in more than 50 years, with more than 40,000 service family homes across the UK to be modernised, refurbished or rebuilt. GOV.UK
• [New] The UK is advancing CARF implementation through secondary legislation to enhance tax transparency starting in early 2026. Crypto Briefing
• [New] As more jurisdictions, including the EU, the UK, Hong Kong, and Japan, begin to implement stablecoin regulations, it is reasonable to assume that stablecoins will only grow more important as an asset class in the years ahead. Forbes
• [New] For the first time, homeless people in the UK will be able to open bank accounts as part of a broader scheme to boost financial inclusivity. Positive News
• [New] The surge in demand for power has exposed vulnerabilities in the UK electricity system. City AM
• [New] The sales push in Britain has been led by China's BYD, which is expected to overtake Tesla as the world's largest maker of battery electric vehicles in 2025. The Guardian
• [New] Millions of UK business users now face heightened exposure to cyber threats as outdated systems become more vulnerable to attack. Insurance Business
• [New] Downside risks: inflation could fall faster than expected if global demand for UK exports weakens, domestic spending slows as households tighten their budgets, or a stronger pound that makes imports cheaper. British Chambers of Commerce
• [New] Upside risks: inflation could rise again due to cost pressures from the Employment Rights Bill and potential tax rises in the upcoming UK Budget. British Chambers of Commerce
• [New] The IMF expects the UK to record the highest inflation in the G7 in 2025 and 2026. British Chambers of Commerce
• [New] Solar PV is projected to rise from 20.2 GW in 2024 to 68.4 GW in 2035, supported by CfD backed utility scale projects, commercial rooftop deployment, and community energy initiatives. / UK Energy Global
• [New] The Bank of England, in its October statement, confirmed that many firms in the financial sector are already using AI, exploring opportunities to use quantum computing, and piloting DLT applications. TechGDPR
• [New] The EY Item Club, a leading UK economic forecasting group, said it was more optimistic than it was in July after upgrading growth for 2025 to 1.5% from 1% while maintaining the rate of expansion at 0.9% in 2026. The Guardian
• [New] The UK economy accelerated at a faster than expected rate over the first half of 2025, growing by 0.7% and 0.3% in Q1 and Q2 respectively, largely due to increases in government spending. MIT OpenCourseWare
• [New] UK GDP is forecast to grow by 0.9% in 2026, before accelerating to 1.3% in 2027. MIT OpenCourseWare
• [New] Most economists expect the Bank of England to cut interest rates over the next few years. Yahoo Finance UK
• [New] Energy prices are stabilizing after sharp fluctuations, while upcoming fiscal plans from major economies like the UK will reveal how countries are finding a balance between economic growth and fiscal discipline on their way to 2026. ODaily
• [New] UK stagflation risks have eased, making the BOE's job less complicated. Brown Brothers Harriman

Last updated: 11 November 2025