According to Jinshi Data, Lindsay James, an analyst at Quilter Investors, a UK financial structure, said in a report that further interest rate cuts would give the UK a much-needed boost. In September, public borrowing grew more than expected, and the UK's public finances "are already close to the brink of collapse." However, inflation is below target, and the Bank of England can cut interest rates at its next meeting in November. She believes this will boost consumer confidence and increase tax revenue.