Bank of England expected to cut interest rates again as UK economy stagnates
The BoE is also grappling with sagging UK business confidence and surveys point to corporate redundancies. Data suggests the UK economy probably failed to grow in the final months of 2024.
UK interest rate cut a ‘sure bet’ amid faltering economic growth, say experts
The Bank of England’s top economists will meet on February 6 when forecasters predict they will cut the base interest rate to ...
UK economic growth forecasts downgraded for 2025 – EY
UK gross domestic product (GDP) is expected to grow by 1% in 2025, according to EY’s winter forecasts. It had previously ...
Huge blow for Rachel Reeves as UK growth forecasts downgraded yet again
The Chancellor has staked her reputation on achieving growth, but a new forecast has cut 2025's GDP rise substantially.
Inflation Is Down to 3%. Why That Isn’t Good Enough.
Even inflation this low could feed consumer frustration, workplace friction and an inflationary psychology.
Alcohol prices rise as higher tax and duties take effect today
ALCOHOL prices will rise from today – just in time for millions to celebrate the end of dry January. The increase in alcohol duty was announced by Rachel Reeves in the Autumn budget last ...