Economy News Uk Economy Bank Of England Governor Says Inflation Still Too High And It S Too Early To Think About Rate Cuts

UK inflation live: UK inflation fell to 3.6% in October

Tomorrow’s ONS inflation data release marks a key test of the Bank of England’s predictions for the course of inflation in the UK. Read More

Bank of England's Taylor Says He Fears a Bumpy Landing for UK Economy

LONDON (Reuters) -Bank of England policymaker Alan Taylor said on Tuesday that he saw an increasingly likely risk of a "bumpy landing" for Britain's economy with inflation falling too low, in part due ... Read More

U.K. Inflation Falls, Likely Cementing Bank of England December Rate Cut

Inflation declined in October for the first time since May, strengthening expectations that the Bank of England will cut its key rate next month. Read More

Reeves Lifts Hurdle to Bank of England Cut With Budget Measures

Rachel Reeves cleared the path for the Bank of England to resume cutting interest rates next month, even though her budget was less inflation-battling than had been expected only a few weeks ago. Read More

UK set for faster growth in 2026, slower inflation, OECD forecasts

Britain's economy will grow faster than previously expected next year, the OECD said on Tuesday, citing the impact of finance minister Rachel Reeves' budget on consumption and drag from global ... Read More

IMF Says Bank of England Should Be 'Very Cautious' on Future Rate Cuts

WASHINGTON (Reuters) -The Bank of England needs to be "very cautious" about future rate cuts as British inflation looks set to remain the highest in the Group of Seven advanced economies this year and ... Read More

How the UK economy has fared since Reeves' first budget

Finance minister Rachel Reeves has vowed for the past year to speed up Britain's economy but growth has slowed recently on worries about more tax increases in her budget on Wednesday. Read More

Will Bank of England governor play Santa or Scrooge?

There is a buzz outside the Bank of England. City workers are taking advantage of the unusually mild weather to enjoy lunch outside, and there has been a shift in temperature too inside the Bank. The ... Read More

UK to have highest inflation among advanced economies this year and next, says IMF

Inflation in Britain is forecast to be the highest among all advanced economies in 2025 and 2026, according to new predictions by the International Monetary Fund (IMF), in a pre-Budget blow to ... Read More