The Money Statistics - December 2025

Welcome to the December 2025 edition of The Money Statistics,

The Money Charity’s complete monthly round-up of statistics about how we use money in the UK, kindly funded by Vanquis.

The striking numbers include:

• Inflation has fallen a long way from its peak of over 10% three years ago.

• The inflation rate has fallen to 3.2% in the year to November 2025, the lowest rate in eight months, down from 3.6% for the year to October. 

• The energy price cap for a typical dual-fuel direct debit household is around £1,755 a year, or £146 a month, in late 2025. This is well below the peak level of £2,380 under the Energy Price Guarantee from October 2022 to June 2023, but still 44% higher than in winter 2021-2022.

• In December, the Bank of England cut the base interest rate by 0.25% to 3.75%, the lowest level in nearly three years, as inflation cools and growth slows. Since August 2024, the Bank of England has cut rates six times.

• Gross mortgage lending in July to September 2025 was £80.45 billion, 22.7% higher than the same quarter the previous year, and also 3.7% higher on the unusually large figure for Q1 2025. 

Let The Money Statistics Team know any feedback or thoughts you have.

Previous editions can be found in the archive on our website.