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interest rates

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

    Economics

    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 [...]

    The Governor's comments were seen as slightly more dovish than his previous guidance had implied, prompting markets to anticipate further rate cuts in the months ahead.
  • ‘Deceiving’ Budget: Reeves to delay debt ‘repair’ amid interest rate hold fears

    Economics

    A left-leaning think tank has sounded the alarm on the the delay of the “repair job” for public finances after Rachel Reeves increased short-term borrowing levels to pay for higher welfare spending next year. The Resolution Foundation, which was previously headed by Treasury minister Torsten Bell, suggested Rachel Reeves’ Budget was “deceiving” by back-loading consolidation [...]

    The UK economy is suffering from sluggish growth in a warning sign for Rachel Reeves.
  • Budget ‘chaos’ may stall interest rate cuts

    Economics

    The “chaos” around Budget measures may delay further interest rate cuts as the Bank of England figures through the effects of a flurry of tax rises, despite Rachel Reeves’ stated commitment to set the conditions for borrowing costs to be lowered.  The Chancellor has said curbing the cost of living was a key “priority” at [...]

    The Bank of England is expected to hold interest rates at four per cent due to stubbornly high inflation.
  • University tuition fee hike to prop up high inflation 

    November 17, 2025

    A rise in university tuition fees and volatile airfare prices are expected to prop up price growth as economists are pencilling in slightly lower inflation in October than in the previous month. Economists polled by Bloomberg said they expected consumer price index (CPI) inflation to reach 3.6 per cent in fresh data to be released [...]

  • Jobs market decline ‘fuels hopes’ for Bank of England interest rate cut 

    November 11, 2025

    The jump in the unemployment rate and softening private sector wage growth is driving up expectations of an interest rate cut at the Bank of England’s next meeting in mid-December.  The Office for National Statistics (ONS) said the unemployment rate had jumped to 5 per cent, higher than economists had expected, while wage growth had [...]

  • Laddering savings: A smarter approach

    November 11, 2025

    Savers face a consistent dilemma: whether to lock money in for longer to secure today’s rate or keep it flexible in case conditions change. A laddering strategy manages both. It’s a simple premise: instead of putting all your savings into one fixed term account, they are spread across products with different maturities. When one matures, [...]

  • Bank of England holds interest rates at four per cent amid Budget fears

    November 6, 2025

    The Bank of England has held interest rates at four per cent amid caution around high inflation levels ahead of Chancellor Rachel Reeves’ crucial Budget in three weeks.  The Bank’s Monetary Policy Committee (MPC) voted 5-4 to hold interest rates as Governor Andrew Bailey, who made the deciding call at the latest meeting, said he [...]

  • Bank of England Live: Bailey refuses to confirm if Budget influenced rates decision

    November 6, 2025

    Welcome back to the City AM liveblog. Andrew Bailey has refused to confirm whether the upcoming Budget and Rachel Reeves’ recent comments influenced his decision on interest rates.  The Bank of England has held interest rates at four per cent in its final decision before the Autumn Budget. The Bank’s Monetary Policy Committee (MPC) voted [...]

  • The Bank of England must cut rates today

    November 6, 2025

    The Bank should cut rates by 25 basis points today to prevent stagnation becoming entrenched, says Damian Pudner On Thursday, the Bank of England will announce its latest decision on interest rates. Less than three weeks later, on 26 November, the Chancellor will deliver her second tax-raising Budget, despite promising that last year’s would be [...]

  • Andrew Bailey: Bank of England Governor to have ‘deciding vote’ on interest rates

    November 5, 2025

    Bank of England Governor Andrew Bailey is set to have the deciding vote on whether to slash interest rates by 25 basis points, analysts have said.  The Bank is expected to keep interest rates on hold at four per cent but several analysts have said the decision is on a knife-edge, with four Monetary Policy [...]

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