News in Review Wednesday 29th October 2025 - HCR IFA
News in Review Wednesday 29th October 2025

News in Review Wednesday 29th October 2025

This week’s News in Review looks at stubborn inflation ahead of the Budget, rising Inheritance Tax receipts and improving consumer confidence.

Key takeaways:

  • UK inflation holds steady at 3.8%, with food prices easing for the first time since May 2024
  • Inheritance Tax receipts climb again, with forecasts suggesting record highs by the end of the decade
  • Consumer confidence rises slightly as shoppers prepare for Black Friday and await the Chancellor’s upcoming Budget