Category: Bank of England

Reform UK would restore two-child benefit cap, Jenrick says in policy U-turn

Treasury spokesperson says disability benefits would also be limited under Reform, but Bank of England would stay independentUK politics live – latest updatesReform UK would restore the two-child benefit cap in full,...

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‘We could hit a wall’: why trillions of dollars of risk is no guarantee of AI reward

Progress of artificial general intelligence could stall, which may lead to a financial crash, says Yoshua Bengio, one of the ‘godfathers’ of modern AIWill the race to artificial general intelligence (AGI) lead us to...

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UK economy entering 2026 amid sharp private sector downturn, says CBI

Business lobby survey finds firms ‘put brakes on key spending decisions’ before autumn budgetHeather Stewart: Four reasons to be cheerful about UK plc in 2026Wes Streeting urges closer EU trading ties to grow...

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How many more times will the Bank of England rescue Rachel Reeves? | Richard Partington

The City expects a cut in interest rates on Thursday but the economic prospects for 2026 complicate the pictureIn the economic gloom of Labour’s first year in power, Rachel Reeves has had a reliable shred of comfort to...

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Bank of England opens door to December rate cut as it signals inflation has peaked

Policymakers keep borrowing costs at 4% before crucial budget while also warning of persistent weak growthAnalysis: Bank of England’s decision to keep interest rates at 4% is not all doom and gloomThe Bank of England has...

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UK inflation unexpectedly remains at 3.8% for third month in a row

Annual September rate is same as August and July but confounds forecasts of cost of living increaseInflation was unchanged last month at 3.8%, confounding expectations of an increase, official figures show.The Office for...

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Bank of England urged to do more to tackle climate crisis

Environmental groups mark 10 years since Mark Carney’s ‘short-term horizons’ speech with plea to act ‘while there’s still time’A coalition of 10 campaign groups is calling on the Bank of...

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