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KPMG

KPMG warns rising energy prices threaten UK growth and interest rate cuts

KPMG warns rising energy prices threaten UK growth and interest rate cuts

Rising energy costs and supply disruptions are putting the UK's economic recovery at risk and keeping inflation above the Bank of England's 2 percent target. Analysts are divided on whether borrowing costs will fall by the end of 2026 or remain steady due to persistent inflation.

Business ·21 Jul 2026, 04:52 ·Maeve Turner 5 min read