Recession alarm bells ring as Bank slashes 2025 growth forecast to just 0.75%
Recession alarm bells were ringing in the City today after the Bank of England slashed its growth forecast for this year to ...
Bank of England cuts interest rates as UK narrowly avoids recession
The Bank of England lowered interest rates by a quarter point Thursday and downgraded the UK’s economic outlook after the ...
Will interest rates keep falling and can the UK dodge recession? This is Money podcast
Georgie Frost, Simon Lambert and Helen Crane discuss the impact of the rate cut and the Bank of England's forecasts. Plus, a mortgage trick, trade wars and Nectar theft.
Bank cuts interest rates and slashes growth forecast
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
UK will only narrowly avoid a recession, says Bank
The UK will only narrowly avoid a recession, according to the Bank of England, after it downgraded its economic outlook in a ...
The Bank of England is cutting rates to help Labour
By cutting rates, the Bank of England seems willing to lend her a helping hand, it slightly eases the pressure on ...
Bank of England cuts interest rates to 4.5%
A London homeowner with a £300,000 tracker mortgage will see monthly repayments fall around £43 from £1,710 to £1,667.
Cost of living warning as higher-than-expected inflation to hit household budgets
The Bank of England has warned that inflation will be higher than previously forecast over the summer as households face a ...
GDP figures to pile further pressure on Reeves as recession risks mount
New figures set to be released on Thursday are expected to show that the UK economy shrunk 0.1 per cent in the three months ...
Pound plunges as Bank of England cuts rates – and hints at more to come
The value of the pound has sunk sharply as the Bank of England signalled there would be more interest rate cuts later this ...
Stagflation threat rises as Bank of England downgrades growth to spark fears of economic ...
UK's economic stagnation is forecast to extend into the first part of this year prompting fresh gloom for Rachel Reeves. The ...