Tag #Bank Of England

Showing 25 to 36 of 113 results

bbc.com
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UK Jobs Market Weakens as Unemployment Rises

The UK's unemployment rate increased to 4.7% (highest in four years), wage growth slowed to 5%, and job vacancies fell to 727,000 (lowest in a decade excluding the pandemic), prompting predictions of an interest rate cut by the Bank of England to stimulate the economy.

Progress

44% Bias Score

Decent Work and Economic Growth
thetimes.com
🌐 75% Global Worthiness
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Bank of England Rate Cut Uncertain: Impact on Mortgages and Savings

The Bank of England's anticipated interest rate cut may be delayed due to recent inflation data, impacting mortgage rates which have recently fallen but may now see slower reductions, while potentially keeping higher savings rates available longer.

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36% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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Bank of England Warns of Weaker UK Economic Outlook Amid Global Uncertainty

The Bank of England downgraded its UK economic growth forecast citing President Trump's tariffs and Middle East conflicts as increasing economic and financial risks, while also noting that 3.6 million households will face higher mortgage costs over the next three years.

Progress

48% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Bank of England Expected to Hold Interest Rates at 4.25%

The Bank of England is expected to hold interest rates at 4.25% today, balancing high inflation (3.4% in May) against signs of economic weakness; further cuts are anticipated later this year.

Progress

36% Bias Score

Decent Work and Economic Growth
news.sky.com
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UK Inflation Eases to 3.4% in May

UK inflation eased to 3.4% in May, down from 3.5% in April, due to lower airfares and fuel costs, despite rising food and household goods prices; the Bank of England is expected to hold interest rates.

Progress

36% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
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OECD Downgrades UK Growth Outlook, Urges Fiscal Prudence

The OECD slashed Britain's 2025 growth forecast to 1.3 percent and 2026 to 1 percent, warning Chancellor Rachel Reeves against loosening the purse strings due to 'very thin' fiscal buffers and urging fiscal prudence amid stubborn inflation.

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56% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
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UK Chancellor and Bank of England Governor Clash Over Economic Policy

The UK Chancellor and Bank of England Governor disagree on economic policy; the Chancellor seeks greater government control over investments, while the Governor stresses monetary policy independence, mirroring similar tensions internationally.

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44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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UK Government Faces Bank of England Opposition Over Pension Investment Mandate

The UK government seeks powers to mandate up to 10 percent of pension fund investments in specific sectors, prompting opposition from the Bank of England Governor Andrew Bailey who highlights concerns about the safety and caution required for pensioner investments.

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64% Bias Score

Decent Work and Economic Growth
news.sky.com
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£10 Million to Fix ONS Data Accuracy Issues

The UK's Office for National Statistics (ONS) will receive £10 million over two years to improve the accuracy of its data following criticism over its Labour Force Survey (LFS) and concerns from institutions such as the Bank of England.

Progress

36% Bias Score

Decent Work and Economic Growth
news.sky.com
🌐 85% Global Worthiness
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UK Inflation Eases to 3.4%, but Bank of England Expected to Hold Rates

UK inflation eased to 3.4% in May, down from 3.5% in April, driven by falling airfares and motor fuel costs, despite rising food and household goods prices; the Bank of England is expected to hold interest rates.

Progress

40% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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UK Inflation Eases to 3.4% in May Amid Rising Food Prices

UK inflation fell to 3.4% in May, down from 3.5% in April, due to lower air fares and petrol prices, but offset by a 4.4% rise in food inflation, driven partly by poor harvests affecting chocolate prices; the Bank of England is expected to hold interest rates.

Progress

36% Bias Score

No Poverty
dailymail.co.uk
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Nationwide Cuts Mortgage Rates Amidst Rising Market Trend

Nationwide is cutting interest rates on some fixed-rate mortgages by up to 0.12 percentage points, starting tomorrow, offering a new lowest rate of 3.9 percent for those with a 40 percent deposit, while other lenders like Halifax, Accord and Santander are increasing rates due to rising swap rates an...

Progress

44% Bias Score

Reduced Inequality

Showing 25 to 36 of 113 results