News in Review Wednesday 7th January 2026

This week’s News in Review looks at key stories shaping the start of 2026 – interest rates edge lower, tax changes bring relief for farmers, retail footfall surprises and the FTSE breaks new ground.

Key takeaways:

The Bank of England cut rates to 3.75%, signalling cautious easing as inflation pressures continue to recede

Farmers gain relief as the government raises Inheritance Tax thresholds following industry backlash and sustained protests

UK markets opened 2026 strongly, with Boxing Day footfall rising and the FTSE surpassing 10,000

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News in Review Wednesday 7th January 2026

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