Economy expected to return to growth in November – but risk of recession remains January 8, 2024 Experts pointed to a range of factors behind the likely rebound, including the drop in temperature after an unusually mild October.
Bank of England must start thinking about cutting rates, says former chief economist January 7, 2024 While Haldane suggested it "might be premature" to start cutting interest rates immediately, he cautioned against any further rate increases.
Inflation easing – but wage growth still a threat, Bank of England panel warns January 4, 2024 The figures suggest that the surprisingly fast progress on bringing inflation down to the two per cent target still has further to run.
Why Deutsche Bank reckons the UK economy will avoid a recession in 2024 January 3, 2024 The UK economy outperformed all expectations in 2023, but it was hardly a vintage year. Here are some reasons why 2024 might be better.
Brits blow record £13bn in supermarkets as inflation cools January 3, 2024 Brits spent a record £13.7bn in supermarkets during December, as grocery inflation continues to show signs of cooling.
Rate cuts needed to ‘kick start’ economy: UK business group January 3, 2024 Business confidence in the UK economy ended 2023 sharply lower as falling inflation failed to boost optimism ahead of the new year.
Shop price inflation stays steady but obstacles to come in 2024 January 2, 2024 Shop price annual inflation stayed flat at 4.3 per cent in December, remaining at the lowest level growth seen since June 2022.
Exclusive: Top economists forecast Bank of England to cut rates as soon as March December 28, 2023 The Bank of England is tipped to start cutting interest rates as soon as March, according to a City A.M. poll of top economists, as the central bank faces mounting criticism for being too hawkish in its monetary policy.
Falling UK debt interest may allow room for tax cuts, Jeremy Hunt says December 22, 2023 Lower levels of UK debt interest may allow room for the government to cut taxes, UK Chancellor Jeremy Hunt has said.
Private sector AI forum to launch in January, No10 announce December 20, 2023 A new artificial intelligence (AI) opportunity forum to explore private sector adoption of the technologies will launch in the new year, No10 have confirmed.