News in Review Wednesday 16th September 2026 - HCR IFA
News in Review Wednesday 16th September 2026

News in Review Wednesday 16th September 2026

In this week’s News in Review, positive economic data from the Office for National Statistics (ONS), oil prices on the rise again, the government announces a tourist tax and buyer demand increases in residential property.

Key takeaways:

  • The UK economy unexpectedly grew by 0.4% in the three months to July, according to the latest data from ONS
  • Brent crude and US oil rose above $100, with both benchmarks reaching their highest prices since May
  • Mayors and local leaders in England will be given new powers to charge a levy on overnight stays