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Where next for rates and the UK economy?

2 October 2026

Ben Fernandes

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A Landbay Spotlight session with Kallum Pickering.

About the spotlight

The Bank held rates at 3.75% in September, but there’s still plenty of debate about where rates could go next. With the Budget fast approaching, now’s a good time to understand what could come next for rates, inflation and the wider economy.

Join Kallum Pickering, Chief Economist at Peel Hunt and a Daily Telegraph columnist, a regular contributor to Bloomberg, CNBC and the BBC, to hear what could come next for rates, inflation and the UK economy.

What we’ll cover:

  • Where Bank Rate could go from here
  • The outlook for UK economic growth
  • The impact of sustained increases in oil prices on inflation
  • What to look out for in the Budget at the end of October

Meet the speakers

Kallum Pickering

Kallum Pickering is Chief Economist and Deputy Head of Research at Peel Hunt, leading its analysis and forecasting across the UK, US and Eurozone economies. With more than a decade in macroeconomic research, he’s also a Daily Telegraph columnist and regular contributor to Bloomberg, CNBC and the BBC.

John Goodall

John Goodall is CEO and co-founder of Landbay. With degrees from Durham University and Imperial College, his background spans economics and financial services, including equity brokerage in the City. His interest in marketplace lending led him to co-found Landbay, specialising in buy-to-let mortgages.

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