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Bank of England

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Britain’s car finance fiasco risks crashing the economy

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Some of the auto companies stopped finance sales completely, albeit temporarily, while...
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Homeowners will pay hundreds MORE as mortgage rates soar after tax bomb Budget

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MORTGAGE rates will soar thanks to Rachel Reeves's £40bn tax bomb Budget - costing homeowners hundreds of pounds more a year.The Office for Budget...
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Lloyds Bank poised to pay £1,100 compensation to ‘thousands of customers’

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CUSTOMERS at Lloyds and several major high street banks who were mis-sold car finance could be given thousands of pounds in compensation after a...
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Experts reveal likely winners and losers from Budget including state pensioners

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CARERS and homebuyers could be among the winners in the Budget this week - while drivers and pensioners could be the worst hit.What's included...
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Interest rate could plunge to 2.75% – saving home buyers £2,500 a year

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Experts at Goldman Sachs are predicting the Bank of England will slash the base rate by much more than previously expected in a huge...
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State pension set to rise £473 but benefits hit by lower inflation

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State pensioners are set to see payments rise by 4.1% next year, meaning an increase of £473 under the triple lock guarantee.It comes as...
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Inflation crashes. ‘BoE has no excuse and MUST slash interest rates to the bone’

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Well, today's it's just done that and then some. This morning we learned that CPI inflation fell to 1.7% in September, which is even...
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Why back-to-back interest rate cuts are finally on the cards

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Rob Wood, the chief UK economist at Pantheon Macroeconomics, said the drop...
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Bank of England interest rate cut in November near certain after inflation drops

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UK inflation has plummeted to 1.7%, below the Bank of England's (BoE) target for the first time in three years, sending shockwaves through the...
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FTSE 100 LIVE: Markets mixed as bets on UK interest rate cut ramp up

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UK wage growth eased in the three months to August to its slowest pace since the pandemic, making a case for the Bank of...
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Labour will fix economy in way that works for both business and employees

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FOR too long, governments have failed British industry and British workers.Administrations of all colours bought into the idea they could be spectators in the...
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Traders ramp up bets on Bank of England interest rate cut amid GDP growth

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Traders are increasingly convinced that the Bank of England (BoE) will slash interest rates next month, with money markets indicating a 93% probability of...
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