Wednesday, November 20, 2024
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Bank of England

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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...
Bussiness

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...
Bussiness

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...
Bussiness

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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Britain’s borrowing costs nearly double Germany’s as investors brace for Budget

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Rachel Reeves, the Chancellor, has promised to take “difficult decisions” in her...
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The Bank of England could soon kill off Labour’s spending plans

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While there’s little doubt that higher rates are dampening the UK’s economy’s...
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Sub 3% mortgages ‘possible’ as BoE hints at ‘aggressive’ interest rate cuts

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SUB 3% mortgages could be on the cards as the Bank of England hints at more "aggressive" rate cuts. It comes after a host...
Bussiness

Construction firms report fastest growth in two years as recovery gathers pace

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FTSE 100 LIVE: European stocks mixed as BoE governor points to ‘more aggressive’ rate cuts

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Stocks in Asia were mixed overnight with the Nikkei (^N225) rising 2% on the day in Japan, following a rollercoaster few days in Tokyo...
Bussiness

Today’s pound, gold and oil prices in focus: commodity and currency check

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The value of the pound dropped sharply on Thursday following comments from Andrew Bailey, governor of the Bank of England, indicating that interest rate...
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