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Thursday, 17 September 2026

The Daily Trend

Today’s news, with the data and without the spin

Interest Rates Held

Trending · Finance

Interest Rates Held

The Guardian

17 articles across 9 outlets · edited by Trend, figures counted from the coverage

Sentiment

Across all Trend monitored news outlets · 17 articles

What happened

The Bank of England held interest rates at 3.75 per cent today, the sixth time in a row it has not changed borrowing costs. Three members of the rate-setting committee voted for an immediate increase to 4 per cent. The Bank warned that rates may need to rise in coming months, citing concerns about inflation and energy prices.

Gilt Yields vs Base Rate

Government borrowing costs set against the Bank of England's base rate. Normally the two move together, gilt yields sitting just above the rate the Bank sets. When the gap widens, markets are charging the government more than the Bank's rate alone would explain, a sign they trust the central bank but not the government's finances.

LATEST · 15 Sept 20265.74%
AVERAGE2.73%
HIGH · 15 Sept 20265.74%
LOW · 9 Mar 20200.41%
-2%0%2%4%6%20182020202220242026
20-Year Gilt10-Year Gilt5-Year GiltBase Rate
ConservativeLabourCoalition

Source: Bank of England

Coverage: UK

How each side sees it

  • Left

    Summary

    The Independent, Daily Record and Daily Mirror reported the Bank held rates at 3.75% for the sixth consecutive meeting. Coverage detailed the vote breakdown, with three committee members backing a rise, and explained how base rates affect mortgages, savings and borrowing costs. The Guardian also ran an editorial on quantitative tightening, arguing the policy blurs lines between monetary and fiscal responsibility.

    Sentiment

    Across left-leaning outlets · 6 articles

  • Centre

    Summary

    BBC News covered the rate hold decision and noted analyst forecasts suggesting further inflation rises could prompt action by year end.

    Sentiment

    Across centre outlets · 1 article

  • Right

    Summary

    The Daily Mail reported the rate hold at 3.75% across multiple articles, detailing the sixth consecutive freeze and warning of potential future rises due to energy price surges. Coverage included forecasts of four rate hikes by end of 2027, and the Mail also reported on Paul Nowak's appointment as a non-executive director at the Bank. The Evening Standard carried the rate decision.

    Sentiment

    Across right-leaning outlets · 10 articles

Other News

The next most-covered stories, measured the same way. Each one sits on a board where the numbers behind it live.

  • Budget Tax Policy

    Trending · Finance

    Budget Tax Policy

    14 articles across 7 outlets · news sources analysed by AI, figures counted from the coverage

    Sentiment

    Across all Trend monitored news outlets · 14 articles

  • Budget Tax Policy

    Trending · Finance

    Budget Tax Policy

    Prime Minister Andy Burnham has said the autumn Budget will be challenging and pledged difficult decisions on the economy. Retailers and opposition figures have warned against tax rises.

  • Data

    Tax Receipts

    Every pound the government collects in tax: income tax, National Insurance, VAT (the tax on what you buy), corporation tax and the rest. This is the total, and the hard limit of what the state can spend without borrowing.

    £1.09tn7.2%2025
    20202025

    See this and every other finance figure Trend holds on the Finance board.

  • Left

    Summary

    The Independent and Daily Mirror reported on Burnham's statements ahead of the Budget, covering inflation data, retail concerns about tax rises, and warnings from economists that the government faces a choice between raising taxes or cutting spending. Coverage included Burnham's acknowledgement that decisions would be "difficult" and cited his insistence the government would not risk living standards.

    Sentiment

    Across left-leaning outlets · 5 articles

  • Centre

    Summary

    BBC News ran analysis describing the Budget as the prime minister's biggest economic challenge with six weeks to prepare.

    Sentiment

    Across centre outlets · 1 article

  • Right

    Summary

    The Daily Mail and Evening Standard covered Burnham's Budget warnings and inflation figures, and carried Shadow Chancellor Andrew Griffith's calls for a moratorium on tax rises. Coverage quoted Griffith describing tax rises as "crushing" the economy and included Next's warning against growth-stifling tax rises.

    Sentiment

    Across right-leaning outlets · 8 articles

The data behind

Budget Tax Policy

Tax Receipts

Every pound the government collects in tax: income tax, National Insurance, VAT (the tax on what you buy), corporation tax and the rest. This is the total, and the hard limit of what the state can spend without borrowing. When receipts rise faster than spending, the gap the government must borrow to fill shrinks; when they lag, it widens.

00.51£ trillion19501960197019801990200020102020
ConservativeLabourCoalition

Source: Office for National Statistics / HMRC

Coverage: UK

  • Piddington Independence Vote

    Trending · Society

    Piddington Independence Vote

    18 articles across 10 outlets · news sources analysed by AI, figures counted from the coverage

    Sentiment

    Across all Trend monitored news outlets · 18 articles

  • Piddington Independence Vote

    Trending · Society

    Piddington Independence Vote

    Piddington parish in Oxfordshire held a symbolic referendum on leaving the UK. Residents voted 285 to 26 in favour, in protest at government plans to house over 1,000 asylum seekers at a nearby military base.

  • Data

    Asylum

    People applying for asylum in the United Kingdom set against the initial decisions made on those claims each year. When applications outpace decisions, the backlog of people waiting for an outcome grows, along with the cost of supporting them; when decisions catch up, it falls.

    93,52511.9%2025/26
    2020/212025/26

    See this and every other society figure Trend holds on the Society board.

  • Left

    Summary

    Left-leaning outlets reported that Piddington voted to leave the UK in protest at Home Office plans to house over 1,000 asylum seekers at nearby MoD Bicester. The Independent and Daily Mirror covered the referendum result, with The Independent also detailing the village's history of opposing development projects.

    Sentiment

    Across left-leaning outlets · 7 articles

  • Centre

    Summary

    The BBC News covered the referendum results in detail, reporting 285 votes for independence, 26 against, and turnout figures. The i ran commentary arguing the vote was symbolic and suggesting the village's concerns were disproportionate.

    Sentiment

    Across centre outlets · 2 articles

  • Right

    Summary

    Right-leaning outlets reported Piddington's symbolic independence vote against planned asylum seeker housing at MoD Bicester. The Evening Standard and Daily Mail covered the referendum outcome, with the Daily Mail also reporting that councillors from other villages were considering holding similar independence votes.

    Sentiment

    Across right-leaning outlets · 9 articles

The data behind

Piddington Independence Vote

Asylum

People applying for asylum in the United Kingdom set against the initial decisions made on those claims each year. When applications outpace decisions, the backlog of people waiting for an outcome grows, along with the cost of supporting them; when decisions catch up, it falls. It reflects both the flow of claims and the Home Office's capacity to process them.

0k20k40k60k80k100k120kpeople20052010201520202025
ApplicationsInitial decisions
ConservativeLabourCoalition

Source: Home Office

Coverage: UK