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Inflation

  • Interest rate cut likely after inflation undershoots expectations

    December 17, 2025

    Inflation dropped far below market expectations in November, official data has shown, easing Bank of England doves’ nerves a day before a decision on whether to cut interest rates is revealed. The Office for National Statistics (ONS) said inflation hit 3.2 per cent in the year to November, staying well above the Bank’s 2 per [...]

  • FTSE 100 Live: Inflation eases more than expected ahead of rate decision

    December 17, 2025

    Good morning and welcome back to the City AM liveblog. We’ve had the latest inflation data this morning, which has shown the consumer price index (CPI) rose by 3.2 per cent in the 12 months to November 2025. This eased from 3.6 per cent in October 2025. It also beats figures pencilled in by economists, [...]

  • Cut interest rates, City AM Shadow MPC tells Bank of England

    December 17, 2025

    The Bank of England should cut interest rates by 25 basis points when it meets tomorrow, City AM’s Shadow Monetary Policy Committee has said in a three-way split decision.  In the face of the dual problems of high inflation and a continued jobs market decline, the majority of experts on City AM’s nine-strong Shadow MPC [...]

  • Inflation to remain sticky before interest rates call

    December 15, 2025

    Inflation is expected to remain stubbornly high in fresh data to be released on Wednesday, adding greater scrutiny to the Bank of England’s upcoming interest rates decision.  Price growth is set to remain at 3.5 per cent in the year to November, a slight fall from the month before, according to consensus established by Trading [...]

  • Interest rates: Bank of England hawks to ‘look through’ Budget’s disinflation

    December 9, 2025

    Bank of England policymakers struck a hawkish tone on the future path of interest rates despite acknowledging that the upcoming Budget would lower inflation. Appearing before MPs on the Treasury Select Committee, Bank staff analysis agreed with the Office for Budget Responsibility (OBR) that measures in Rachel Reeves’ November statement would strip 0.5 percentage points [...]

  • Economic uncertainty leads to dwindling vacancies in London

    December 8, 2025

    Permanent hires in London fell for the eighth consecutive month in November, driven by ongoing economic uncertainty and dwindling vacancies. According to the latest report from professional services firm KPMG and the Recruitment and Employment Confederation (REC), the decrease in hiring quickened in the capital last month, with the reduction in permanent vacancies one of [...]

  • Bank of England decision to cut interest rates could be ‘closer call’

    December 5, 2025

    The Bank of England’s expected decision to cut interest rates by 25 basis points could be a “closer call” than markets predict, analysts have said.  Markets have all but priced in interest rates falling to 3.75 per cent at the Bank’s next decision in mid-December after a flurry of data points pointed to a continued [...]

  • Bank of England: Businesses cut staff at fastest pace since pandemic

    December 5, 2025

    British businesses cut jobs at the fastest rate since the pandemic in the run-up to Rachel Reeves’ Autumn Budget. A closely-watched survey from the Bank of England, which quizzes finance directors on their staffing levels, showed employment in the private sector fell by 1.8 per cent in November – the steepest monthly decline since July [...]

  • The Leaky War: How Rachel Reeves and the OBR came to blows

    December 4, 2025

    Between 5:16am and 11:30am on the day of the Budget, as Rachel Reeves was putting the finishing touches to her House of Commons speech, 7 audacious internet users made 44 attempts to break into the servers of Britain’s fiscal watchdog to get an early glimpse of her plans.  An hour before Reeves stood up in [...]

  • ‘Maximum’ 20p increase for Spoons breakfast next year, says Tim Martin

    December 1, 2025

    JD Wetherspoon will make sure the price of its breakfast doesn’t rise by more than 20p next year, boss Tim Martin said on Monday. The confirmation comes despite serious pressure on hospitality from tax hikes and food costs, with warnings of inflation across the sector. Speaking on LBC radio this morning, Sir Tim Martin told [...]

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