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inflation, Bank of England

Bank of England's Bailey says inflation is slowing, 2025 jump will not last

Bank of England Governor Andrew Bailey said in an interview published on Monday that inflation was slowing and an expected pick-up in price growth later this year was unlikely to embed longer-term inflation pressures in the economy.

City AM on MSN · 14d

Why the Bank of England slashed its growth forecasts

The Bank of England delivered Chancellor Rachel Reeves a mixed blessing on Thursday. Alongside cutting interest rates by 25 basis points, Bank officials halved the UK’s expected growth rate in 2025 to 0.

BBC · 1d

UK inflation rate jumps to 3% in January

Take a look at the below to see how inflation has changed over the last several years - the red dotted line signals the Bank of England's target to keep it at 2%. The Bank considers inflation when weighing up whether to raise or lower interest rates,

Yahoo · 1d

UK inflation spike to a 10-month high, likely to worry the Bank of England

Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England.

PA Media on MSN · 2d

Bank of England chief says UK facing ‘weak growth environment’

Andrew Bailey said the world was experiencing a period of ‘heightened uncertainty’ which could have an impact on global growth.

2don MSN

Fewer big money Premium Bonds prizes available from April draw

The total value of the prize pot will reduce from April, but the odds of winning will remain the same, at 22,000 to one.

Britons cheer up a bit, helped by Bank of England rate cut, survey shows

British consumers turned a little less pessimistic this month as the Bank of England's latest interest rate cut led to an ...

2don MSN

NS&I cuts Premium Bonds rate and Income Bonds fall too - should you ditch these accounts?

Elsewhere, NS&I is also cutting the rates on its popular Income Bonds from 5 March, which pay out monthly interest. This will ...

2don MSN

U.K. Wages Gather Pace, Complicating Bank of England’s Task Ahead

Wages grew at a faster rate in the U.K. at the end of last year, posing a potential headache for the Bank of England after it ...

WRAL14d

Bank of England halves UK growth projection and cuts main interest rate to 4.50%

LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. LONDON (AP ...

Daily Express17d

Bank of England poised to slash interest rates in boost to one group of people

The Bank of England is expected to cut interest rates this Thursday in a bid to stimulate a sluggish UK economy, despite mounting fears over inflation creeping back up. Markets are bracing for a ...

The Financial Times24d

Bank of England is squeezing small banks too hard

If it all comes unstuck, they get hauled over the coals. Spare a thought, then, for the Bank of England and its Prudential Regulation Authority, currently under pressure to cut red tape.

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