Bank of England interest rate cuts and how you may be affected amid inflation change
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UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
Warnings of 3% inflation throw Bank of England calculations in the air
The Bank of England's Monetary Policy Committee (MPC) uses interest rates to put a brake on the nation's spending.
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Inflation rate dipped to 2.5% in December
However, it means the Consumer Prices Index (CPI) - the main measure of inflation - remains stubbornly above the Bank of England’s target of 2%. The Office for National Statistics (ONS ...
Bank of England to cut interest rates four times this year - Reuters poll
The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by ...
February Bank of England rate cut a 'sure bet' as growth stumbles and inflation falls
The Bank of England looks set to resume cutting interest rates next month after official data revealed weaker inflation and ...
Bank of England should cut interest rates pre-emptively, says commitee member
Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last ...
Pay after inflation rises at fastest rate since 2021
Wage growth increased by 3.4% after taking into account inflation, driven by strong increases in the private sector.
Why Bank of England is right to focus on cashflow squeeze: Greg Wright
Wisdom acquired around the kitchen table of a Yorkshire mining household helped to shape Professor Alan Taylor’s view of ...
Bank of England interest rates forecast could mean huge boost for millions
The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the ...
Bank of England's Taylor says it's time to cut interest rates
The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan ...
The drop in inflation is good for your mortgage – but don’t celebrate just yet
Analysis: Milder inflation has brought hope that the Bank of England may lower interest rates, saving borrowers vast sums on ...