Wake Up to Money What's next for rates?
Nov 7, 2025
Catherine Hannan, an investment manager at RBC Brewin Dolphin; Martin Beck, chief economist at WPI; and Margaret Dabbs, CEO of Margaret Dabbs London, share their insights on trending financial topics. They discuss the potential for a Christmas rate cut and how it could impact the economy. Dabbs elaborates on running a retail business and the challenges of hiring post-Brexit. The panel also touches on the implications of rising taxes, the latest retail trends—including M&S's entry into TikTok— and the shipping industry's port expansion needs.
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Christmas Cut Likely If Inflation Eases
- Martin Beck expects a Bank of England Christmas rate cut after recent data and the narrow vote at the MPC.
- He sees cuts continuing through 2026 if inflation keeps easing and fiscal risks stabilise.
Founder Story Of Margaret Dabbs London
- Margaret Dabbs described founding Margaret Dabbs London in December 2008 and building services plus products from podiatry expertise.
- She says the brand mixes clinical problem-solving with luxury and now sells in 54 countries.
Budget Likely To Include Broad Tax Rises
- Martin Beck warns the Chancellor faces reduced fiscal headroom and may need broad-based tax rises.
- He highlights income tax as an obvious lever to quickly raise revenue and rebuild a safety margin.