A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
We spoke to Bank of England governor Andrew Bailey and started by asking whether close to zero growth and rising prices are the very definition of stagflation.
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
If tariffs are announced, their effect on the global economy and inflation would need to be looked at, he told CNBC’s Steve ...
Trump’s arrival has added to pre-existing worries. Despite an International Monetary Fund official declaring in October that ...
Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.
Pain for the UK government as BoE cuts growth forecasts but raises its estimates for inflation. The Bank of England cut interest rates again on Thursday, slashing its growth forecast for the year ...
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