Bank of England
Bank of England faces the end of easing cycle
The 25 bp cut on Dec 18 will bring the BOE’s rate to 3.75%, and is suggested as Britain’s ‘neutral rate’
Rich world’s rate-cut momentum is fading away
Central bankers are stepping back to assess how their progress so far is impacting growth and inflation
UK’s CBI bumps up 2026 growth view due to ‘temporary’ budget boost
[MANCHESTER] The Confederation of British Industry on Friday bumped up its economic growth forecast for next year, citing a temporary boost to government spending following the budget, while warning t...
Bank of England governor Bailey sees signs that AI is starting to boost economies
Analysis suggests that heavy investment in AI contributed to around half of the growth in US GDP in H1 2025
Bank of England plans staffing cuts because of budget pressures
It has invited staff members to volunteer for potential layoffs
BOE cuts banks’ benchmark capital requirements ahead of review
This could free up extra lending and higher payouts to shareholders
UK lenders approve more mortgages than expected in October, consumer lending cools
[LONDON] British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and consumer credit grew at a slower pace than in September, B...
UK consumer price inflation eases to 3.6% in October
The drop in CPI is in line with forecasts from both the BOE and economists
Bank of England keeps rates on hold in knife-edge vote that hints at cut soon
It voted 5-4 to keep the central bank’s benchmark Bank Rate at 4.0%
UK pay awards hold at lowest in nearly four years: IDR survey
[LONDON] Pay settlements awarded by British employers held steady in the three months to September, according to a survey published a day before the Bank of England’s interest rates decision.
