Traders bet on more Bank of England rate cuts in 2025 after data shocks
The disappointing retail data adds to the dim economic picture in the U.K. and to the challenges facing Finance Minister ...
UK economy's disappointing November growth fuels the case for Bank of England rate cut
The U.K. economy grew at a lackluster pace of 0.1% in November, data from the Office of National Statistics showed Thursday.
Slowing Inflation Strengthens Calls For Bank Of England Rate Cuts
The unexpected softening of UK consumer price inflation at the end of 2024 added expectations for more interest rate reductions by ...
UK economy grows as GDP rises 0.1% & what it means for your money
THE UK economy grew just 0.1% in November, less than expected by economists. The latest figures from the Office for National Statistics (ONS) reveal Gross Domestic Product (GDP) rose marginally in ...
What does 0.1% economy growth really mean for you? How it affects jobs, saving money and more explained
As such, the economy growing means - in time, as knock-on effects and eventual outcomes - more money for the government to spend on services, for businesses to expand and hire, for people to receive ...
UK economy grows 0.1% in November
The UK economy returned to growth in November, expanding by lower-than-expected 0.1%, according to the Office for National Statistics.
FTSE 100 Live 16 January: Index rally continues, Burberry jumps after Richemont update
Burberry, which is working on a turnaround plan under new boss Joshua Schulman, rose 9% in the FTSE 250 index. The ...
This is Money3d
When will interest rates fall again? Forecasts on when base rate will be cut
The Bank of England opted to hold the base rate at its current level in December, meaning interest rates begin 2025 at 4.75 per cent. The next rate decision will be announced on Thursday 6 ...
Business Matters1d
UK economy struggles to gain momentum as GDP growth disappoints at 0.1%
UK GDP rose by a weaker-than-expected 0.1% in November, fuelling concerns about stagnant growth. Discover how interest rates, inflation, and looming trade risks could shape Britain’s economic outlook ...