The Bank of England has reduced interest rates to 4.75% following a decrease in inflation and wage growth, signaling a shift in economic pressures.The decision faced…
Browsing: inflation
The Bank of England has announced a rate cut to 4.75% in response to shifting economic conditions.The Monetary Policy Committee (MPC) decided the rate reduction amidst…
Recent changes to National Insurance are expected to affect employment in the UK.Employer contributions have increased, potentially reducing job creation and opportunities.The National Institute of Economic…
The recent increase in employers’ National Insurance contributions is predicted to dampen job growth across the UK.Employers’ NICs rose by 1.2%, raising concerns among economic experts…
Chancellor Rachel Reeves prioritizes climate change at the Bank of England, challenging Jeremy Hunt’s earlier stance.Climate change is set to regain prominence in the Bank’s Financial…
UK shop prices dropped significantly, marking the lowest inflation in over three years.Annual shop prices contracted by 0.8%, deepening from the previous month’s decline.Food inflation decreased…
Sky Bet, a subsidiary of Flutter Entertainment, is grappling with a decline in profits due to escalating operational costs.The company’s operating expenses soared by £44 million,…
UK consumer sentiment weakens as concerns over tax hikes grow prior to Labour’s Budget.Chancellor Rachel Reeves is preparing for significant fiscal adjustments.GfK’s survey indicates heightened economic…
Consumer confidence in the UK has waned as anticipation builds for Labour’s upcoming Budget.The GfK consumer confidence index saw a decline, reflecting concerns over potential tax…
Goldman Sachs predicts a significant drop in UK interest rates to 2.75% by November 2025, which has caught market observers by surprise.The current UK base rate…