Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leewayAnalysis: Sharp inflation drop gives green light to more aggressive rate cutsBusiness live – latest updatesInflation in...
Read MoreAnnual drop to 1.7% in September puts pressure on Bank of England to cut interest rates next monthBusiness live – latest updatesUK Inflation fell below 2% in September for the first time in three and a half years, piling...
Read MoreBank of England governor Andrew Bailey is briefing reporters after BoE left UK interest rates on hold again in a dramatic 7-2 splitThe pound is slightly lower this morning, dipping by a quarter of a cent to $1.2472 against the...
Read MoreAndrew Bailey says inflation is in line with BoE forecasts but markets view data as pushing back interest rate cutsAnalysis: Sunak hopes of pre-election rate cuts frustratedThe Bank of England governor, Andrew Bailey, has...
Read MoreEx-Treasury official and adviser to David Cameron will replace Ben Broadbent, making MPC majority female for first timeBusiness live – latest updatesThe Bank of England’s interest-rate-setting committee is set to...
Read MoreAndrew Bailey says cost of living had been higher than expected in December despite ‘encouraging’ inflation newsUK households face battle to regain former living standardsWhich goods and services have changed most in...
Read MoreThreadneedle Street says Britain faces tougher job to crush inflation than other advanced nationsThe Bank of England has said Britain is facing a tougher job to crush persistently high inflation than other advanced nations, as...
Read MoreBank of England expected to keep rates at 5.25% on Thursday but abandon current strategy next yearFinancial markets are betting the Bank of England will be forced to launch a deep round of interest rate cuts in 2024 amid the...
Read MoreInterest rates left unchanged at 5.25% as Bank signals 50-50 chance of recession by summerBoE warns of recession risk in election run-upBusiness live – latest updatesUK politics live – latest updatesThe Bank of...
Read MoreRelief for mortgage holders after 14 consecutive rises as UK economy comes under growing pressureBusiness live – latest updatesJudging by state of economy, Bank is done with rate hikesMortgage holders have been offered...
Read MoreDecision follows 14 consecutive rises and fall in inflation as concerns grow over strength of economyBusiness live – latest updatesUK politics live – latest updatesThe Bank of England has kept interest rates on hold...
Read MoreDecision follows 14 consecutive rises and fall in inflation as concerns grow over strength of economyBusiness live – latest updatesUK politics live – latest updatesThe Bank of England has kept interest rates on hold...
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