A Third of UK Inflation Basket Is in Deflation, Analysis Finds
A third of Britain’s official “shopping basket” has slipped into deflation, providing another green light for the Bank of ...
Bank of England expected to cut interest rates, but further reductions are uncertain
The Bank of England is expected to cut interest rates this week - but further reductions are unlikely as the Bank's ...
Inflation-boosting UK budget hits bets on Bank of England rate cuts
By Andy Bruce LONDON (Reuters) -Higher inflation fuelled by Britain's new big-spending budget plans is likely to prevent the ...
Why the Budget complicates life for the Bank of England
Just when it seemed that inflation was finally coming under control, the government has announced a big increase in public ...
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Top savings accounts of the week: 'Good news for savers' as bank offers 'guaranteed return' of 8% interest
Savers can secure a guaranteed return of up to eight per cent on their savings - but experts warn deals will not last for ...
Bank of England set to lower interest rates as Budget dampens bets for 2025
The Bank of England is expected to lower interest rates this week, while markets are betting on fewer cuts next year after ...
Hopes the Bank of England will cut the base rate twice before Christmas fade after Budget
An increase in taxes in the Budget is expected to feed through to higher inflation in the coming months and years ...
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Bank of England expected to drop interest rates to 4.75 per cent
The Bank of England’s Monetary Policy Committee (MPC) is expected to cut interest rates from 5 per cent to 4.75 per cent on ...
Bank of England to press on with digital currency in case banks fall short, Bailey says
The Bank of England is reluctantly pressing on with work to create a form of digital money accessible to the general public, ...
Bank of England rate cut expected despite ‘fiscal loosening’ of Budget
A quarter-point cut is forecast on Thursday, but Labour’s Budget has trimmed hopes of a rapid string of rate cuts afterwards.
Bank of England may cut rates despite risk of inflation rise
Last month brought a sense of optimism as the headline rate of inflation fell to a modest 1.7%—the lowest since April ...
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Bank of England warns against AI ‘complacency’
UK financial services regulator wants to increase understanding of AI’s benefits and how firms are managing the risks it poses, as take-up grows and use cases increase.