Bank of England's rate cut challenge

The Bank of England's rate cut challenge: stumbling growth and stubborn inflation
The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.
Bank of England may soon 'deliver six interest rate cuts'
Goldman Sachs has issued a new forecast that UK interest rates would fall from the current figure of 4.75 percent to 3.25 percent by spring of 2026.
Bank of England’s PRA Gives Reeves Growth-Friendly Policy Ideas
The Bank of England’s regulatory arm set out a string of ideas that could meet the government’s call to boost economic growth, including a new “concierge service” for foreign firms entering the UK market and streamlining the process for creating new rules.
Bank of England says it is open to pro-growth bank reforms
The Bank of England (BoE) is open to discussions with Britain's government about new ways to help boost economic growth by paring back regulatory requirements for the financial services industry, Deputy Governor Sam Woods said on Monday.
Bank of England’s Taylor Sees Need for ‘Pre-Emptive’ Cuts to Lessen Recession Risk
Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy.
Three cuts to interest rates expected in 2025 from the Bank of England, says Lloyds CEO Charlie Nunn
Lloyds Banking Group Chief Executive Charlie Nunn has said the lender expects three cuts to interest rates in 2025 from the Bank of England, in line with the interest rate swaps market. Lloyds is one of the largest mortgage lenders in the U.
Bank of England should cut interest rates pre-emptively, says commitee member
Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last half mile on inflation' and called for a pre-emptive cut
Employment, not prices, will shape Bank of England rates as tax rises bite
The good news is not expected to last as inflation creeps up in the coming months as the rise in employer’s national insurance contributions arrives in April, higher VAT on school fees kicks in and road taxes rise. Add to that rising oil prices that could translate into higher costs for homes, transport and related services.
All banks offering savings rates higher than Bank of England interest
Atom Bank's Saver Reward easy accent account provides a reward rate to customers when they don't make any withdrawals, meaning it will benefit those who don't plan on taking out their savings cash that often the most. Currently, the bank offers a 4.85% rate if a withdrawal isn't made within any given month.
Bank of England Set to Slash Interest Rates as UK Economy Stumbles
A weaker UK economy is expected to prompt the Bank of England to accelerate interest rate cuts; Goldman Sachs predicts up to six reductions by the end of next year. The investment bank’s analysts think that as inflationary pressures continue and economic growth slows,
Bank of England to cut interest rate six times by next year as UK economy slumps, Goldman Sachs says
Markets are greatly underestimating the likelihood that the Bank of England will need to speed up the pace of interest rate cuts, Goldman Sachs has argued. They forecast that UK interest rates could drop to 3.
Banks offering savings rates higher than Bank of England interest
British savers may be missing out on maximising their financial investments by settling for less-than-ideal interest rates.
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British growth plans get positive response in Davos, minister says
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Florida woman sentenced to prison for bilking Kennebunk inn out of $90K
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Who's in and who's out of the Liberal leadership race
The federal Liberals are running their first leadership race in more than a decade to replace the departing Justin Trudeau.
What’s the state of the job market in New England? It depends on who you ask.
People with jobs may be feeling secure as there’s little likelihood they’ll be laid off, economists say. But for job seekers, it’s getting tougher to get hired.