<h1>Inflation remains above target, prompting expectations of a monetary policy hold and renewed fiscal measures to ease living costs.</h1> Persistent consumer inflation remaining materially above the Bank of England's target is sustaining market expectations of a near-term monetary policy hold rather than immediate rate cuts. Concurrently, fiscal measures are being prepared to address cost-of-living pressures while revenue-raising tax adjustments are debated for their potential to influence business pricing and inflation dynamics.