"Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey said at an event in Brussels.

The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK ...

Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.

UK mortgage lending growth set to double in 2025 as falling interest rates revive market - The UK’s gradual economic recovery ...

The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth ...

The rate of UK inflation is expected to rise when January’s figures are published this morning, partly driven by a bounce in ...

Core inflation, which excludes volatile food, energy, alcohol, and tobacco prices, rose to 3.7% from 3.2% in December—marking its highest level since April 2024.

Commenting on the interest rate cut, Haskel says ... Starmer notes that wages have also gone up more than inflation. On the Bank of England's growth forecast, Starmer says the government has more to ...

The Bank of England cut interest rates on 6 February ... They had previously forecast that interest rates would fall to 3 per cent by the end of next year, but have concluded that rates will ...

The Bank of England is widely expected to cut interest rates for the third time in six months later ... Of particular ...

The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation ...

The cut to the base lending rate from the Bank of England was expected. It’s now down to 4.5 per cent from 4.75. What wasn’t ...