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UK Interest Rates

  • Bank of England holds interest rates again but June cut on the cards

    May 9, 2024

    The Bank of England voted to hold interest rates at 5.25 per cent.

  • Labour market slowdown might be coming to an end raising questions for Bank of England

    May 9, 2024

    The survey will give conflicting signals to the Bank of England, as policymakers mull their latest interest rate decision, due later today.

  • Mortgage lending growth set to double next year as inflation eases and rate cuts loom

    May 9, 2024

    UK mortgage lending growth is set to more than double in 2025, according to a major economic forecasting group, as inflation eases and the Bank of England is expected to cut interest rates this year.

  • Why the Bank of England won’t cut rates – even if it wants to

    May 8, 2024

    The Bank of England desperately wants to cut interest rates, but the caution of the Federal Reserve might mean they aren't able to.

  • UK to bid recession farewell as debate over state of the economy heats up

    May 7, 2024

    New figures out this week are set to show that last year's shallow recession has come to an end as political debate about the state of the economy heats up.

  • UK construction activity recovers despite housebuilding struggles

    May 7, 2024

    Of all the sub-sectors, activity in the commercial sector increased at the fastest pace with a score of 53.9.

  • The markets are wrong. Bank of England interest rate cuts are on the way

    May 7, 2024

    In a huge swing, markets are now only fully pricing in one rate cut by the Bank of England for 2024. But Chris Dorrell argues that, as things stand, more cuts are likely

  • Bank of England to hold rates again – but it could signal a summer cut is on the cards

    May 6, 2024

    The Bank of England is set to leave interest rates on hold again on Thursday, but policymakers could signal a willingness to cut rates in the near future if inflation continues to fall.

  • UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes

    May 2, 2024

    "This forecast is not particularly surprising given our priority for the last year has been to tackle inflation with higher interest rates," Chancellor Jeremy Hunt said.

  • Bank of England’s bond purchases could cost taxpayers £85bn

    April 30, 2024

    Following the banking collapse of 2008, the Bank started hoovering up government bonds on the secondary market. The hope was this would lower borrowing costs and stimulate economic activity.

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