Bank of England to cut interest rates four times this year

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.
Bank of England’s Taylor Sees Need for ‘Pre-Emptive’ Cuts to Lessen Recession Risk
Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy.
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 Reuters said, but they added that risks to inflation are to the upside, suggesting policymakers may end up doing less.
Bank of England urged to cut interest rates 'pre-emptively' as February decision 'certain'
Alan Taylor, a member of the Bank's monetary policy committee, said the UK is 'in the last half mile on inflation'
Bank of England should cut interest rates pre-emptively, says commitee member
Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last half mile on inflation' and called for a pre-emptive cut
Bank of England interest rates forecast could mean huge boost for millions
The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the Chancellor Rachel Reeves.
Slash rates six times in 2025 to avoid recession, says Bank of England official after drop in inflation
Inflation worries eased on both sides of the Atlantic, boosting markets and providing respite to beleaguered Chancellor Rachel Reeves (pictured).
Bank of England's Taylor says it's time to cut interest rates
The Bank of England should move quickly to bring down interest rates given signs of a slowdown in Britain's economy, Alan Taylor, the BoE's most recently appointed interest rate setter, said on Wednesday.
Decision on digital pound over two years away, Bank of England says
No decision will be made for at least a couple of years on whether Britain will go ahead with a central bank digital currency ...
Food bank looks for new home after council eviction
A community food bank with 3,000 registered users has been left "homeless" after the service was asked to vacate a ...
Employment, not prices, will shape Bank of England rates as tax rises bite
The good news is not expected to last as inflation creeps up in the coming months as the rise in employer’s national ...
Rachel Reeves dealt massive blow as Bank of England exposes huge problem
Rachel Reeves’s Budget has come under more scrutiny following a new report by the Bank of England exposing worrying trends in ...
Lenders expect mortgage demand to shrink in early 2025, Bank of England finds
The latest survey findings point to the financial strain on households against a backdrop of continued inflationary pressures ...
Bank of England should proceed with caution, former BOE policymaker says
Martin Weale, professor at King's College London and a former member of the Bank of England's monetary policy committee, discusses the U.K.'s latest monthly growth data and how the central bank could ...
Bank of England refunded almost £50k worth of cash that had been through washing machine
These are among the startling statistics revealed by the nation's central bank, which also showed that just under £10 million ...
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Unexpected fall in inflation boosts hope for Bank of England interest rate cut - but experts warn 'any drop is temporary'
UK inflation unexpectedly fell to 2.5 per cent in December, sparking increased expectations of an interest rate cut by the ...