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UK Interest Rates

  • Falling inflation helps government borrow much less than expected in boost for tax cut hopes

    January 23, 2024

    The latest round of figures come as the government lines up its latest round of tax cuts, which are likely to be announced in the Spring Budget.

  • London renters need 209,000 new homes as government told it has ‘huge task on hands’

    January 22, 2024

    Some 209,000 new rental homes will be needed in London by 2031 to help deal with the capital’s shrinking pool of housing. 

  • Bank of England survey: Default rates continue rising in 2023 – but at slower pace

    January 18, 2024

    According to bank responses to the Bank of England's quarterly credit conditions survey, default rates on secured lending - which includes mortgage lending - increased in the final quarter of 2023.

  • Why December’s inflation surprise is not a moment to panic

    January 17, 2024

    How worrying are December's inflation figures for the Bank of England? And what does it mean for when interest rates will start being cut?

  • Inflation picks up to surprise four per cent on higher tobacco prices

    January 17, 2024

    The figures come just a day after new data showed that wage pressures had eased significantly in the second half of last year.

  • How will the Bank of England change its approach on interest rates after wage growth falls again?

    January 16, 2024

    Annual wage growth of 6.5 per cent may still sound like a lot, but a look underneath the hood suggests that wage growth is slowing fast.

  • Financial deals set for rate-fuelled rebound from nine-year low, EY says

    January 16, 2024

    Mergers between financial services firms could be set for a rebound this year despite UK deals slumping to a nine-year low in 2023, EY has said.

  • UK bosses much more optimistic about 2024 than last year, PwC survey suggests

    January 15, 2024

    PwC's annual global CEO survey showed that 39 per cent of UK bosses expect the economy to improve in 2024, up from just nine per cent last year. 

  • Sykes Seafood’s sales jump by £100m as headcount grows – but profits narrow

    January 15, 2024

    Turnover jumped by more than £100m at Sykes Seafood during its latest financial year which also saw its headcount spike.

  • Inflation set to fall – but fears Red Sea crisis could push prices higher take hold

    January 15, 2024

    December's inflation data will be released amid widespread concern that an escalation of conflict in the Middle East could see a resurgence in inflation.

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