Bank of England: Monetarists warn of challenging outlook before rate call February 4, 2025 Monetarist economists argued a 25bps rate cut may be too little too late given the current weakness of the UK economy.
UK economy: Inflation worries build as manufacturing cost pressures surge February 3, 2025 S&P's purchasing managers' index (PMI) for the manufacturing index showed that input prices increased at "accelerated rates" last month.
UK economy will ‘struggle’ to grow more than one per cent in 2025 February 3, 2025 The Big Four firm slashed its 2025 growth projections to 1.0 per cent, down from the 1.5 per cent forecast back in October.
Bank of England to cut interest rates as growth fears build February 3, 2025 Rate-setters are likely to signal a cautious approach for the remainder of the year given lingering price pressures in the economy.
Five graphs the Bank of England will assess before interest rate decision January 30, 2025 The Bank of England's first interest rate decision of 2025 will take place next week, and investors widely expect rate-setters to reduce borrowing costs for a third time.
UK mortgage approvals rise as buyers race to beat stamp duty changes January 30, 2025 The number of mortgages approved by the UK banking sector rose unexpectedly in December, according to new data, suggesting buyers are looking to beat upcoming changes to stamp duty. The Bank of England’s figures showed that 66,500 mortgages were approved last month, which was up from 66,100 approvals in November. Economists had expected the number [...]
Andrew Bailey: ‘No trade-off’ between financial stability and growth January 29, 2025 Andrew Bailey, Governor of the Bank of England, was giving evidence in the Treasury Select Committee.
UK economy: Wage growth was twice as high in Britain compared to the US January 28, 2025 The figures will reinforce concerns that high wage growth might prop up inflationary pressures in the economy in 2025.
Morgan Stanley: Bank of England to cut interest rates five times in 2025 January 28, 2025 The US investment bank slashed its growth forecasts on Monday, citing both the lingering impact of the Bank's monetary tightening and the fallout from the Budget.
Food prices set to rise ‘across the board’ as inflation fears build January 28, 2025 The BRC's shop price index showed that food prices rose 0.5 per cent month-on-month, up from 0.1 per cent in December