Stagflation: Chancellor Rachel Reeves faces mess of her own making
The Bank now expects the UK economy to grow 0.7 per cent this year, cut from a previous estimate of 1.5 per cent. Inflation, ...
How does it feel to bankrupt your country? Ask Rachel Reeves
Reeves gave the economy the fright of its life last July, by yelling about the £22billion “black hole” it was about to fall ...
Bank of England humiliates Rachel Reeves with brutal downgrade to UK’s growth forecast
While the cutting of interest rates will have come as a relief to Rachel Reeves, the Bank's cut to growth predictions is a ...
LBC1h
PM holds 'crisis summit' after Bank of England warning over 'Stagflation' - as fears grow over further tax hikes
Keir Starmer is said to be gathering his Cabinet for a crisis meeting as the threat of 'Stagflation' rises. The special ...
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
Besieged Reeves boosted by interest rate cut but hit by downgraded economic growth expectations
The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...
Gloomy growth forecast adds to Rachel Reeves’ woes
Failed to fetch dynamically imported module: https://uk.finance.yahoo.com/assets/_app/immutable/nodes/19.CVin4ONc.js ...
Interest rates live: Bank of England cuts interest rates to 4.5% but UK growth downgraded
Experts predict the Bank of England will cut the UK’s base interest rate, which currently sits at 4.75 per cent, to 4.5 per ...
Bank of England cuts rates, sees weaker growth and inflation spike
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, ...
The Edge Singapore23h
Bank of England gives hawkish warning as it cuts rates to 4.5%
In a blow to Chancellor of the Exchequer Rachel Reeves, the BOE warned that inflation will rise “quite sharply” to peak at ...
'New era of stagflation' and 'putrid' figures for Reeves
The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...