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.
UK inflation falls as millions set to be hit with hefty bill hikes plus what it means for your money
THE UK’s rate of inflation has slowed in a boost for the government – we reveal what it means for your money. The Office for ...
The Bank of England's rate cut challenge: stumbling growth and stubborn inflation
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers ...
Slowing Inflation Strengthens Calls For Bank Of England Rate Cuts
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by ...
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 ...
Inflation rate dipped to 2.5% in December
The rate is still well above the Bank of England’s target of 2% but could open the door to another interest rate cut next ...
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Inflation drops slightly in December but remains above target
Inflation dropped slightly in the month of December but remained above the target set by the Bank of England. The Consumer Price Index (CPI) rose by 2.5% in the 12 months to December 2024, down from 2 ...
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Consumer price inflation, UK: December 2024
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...