Tag #Bank Of England

Showing 37 to 48 of 113 results

dailymail.co.uk
🌐 65% Global Worthiness
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UK Services Sector Rebounds in May Amidst Ongoing Economic Uncertainties

Britain's services sector returned to growth in May (PMI 50.9), reversing April's contraction due to reduced US tariff concerns, recovering global markets, and improved business confidence; however, labor cost pressures remain.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 85% Global Worthiness
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UK Inflation Hits 3.5%, Highest in Over a Year

UK inflation unexpectedly jumped to 3.5% in April 2024, its highest in over a year, due to increased energy, water, and transport costs, exceeding analyst forecasts and delaying potential interest rate cuts.

Progress

52% Bias Score

No Poverty
bbc.com
🌐 75% Global Worthiness
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UK Job Market Weakens Amidst Falling Payrolls and Vacancies

The UK job market weakened in early 2025, with payrolls falling by 47,000 in March and an estimated 33,000 in April, and job vacancies dropping by 42,000 to 761,000 (Feb-Apr). Unemployment rose to 4.5%, while wage growth, at 5.6%, remains a concern for the Bank of England.

Progress

40% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Bank of England to Cut Interest Rates Amidst Global Economic Uncertainty

The Bank of England is poised to cut interest rates from 4.5 percent today in response to a stalling UK economy and global market uncertainty caused by US tariffs, aiming to relieve pressure on British mortgage payers and stimulate growth.

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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UK House Prices Surge 5.4% Before Stamp Duty Hike

UK house prices rose 5.4% in the year to February 2024, reaching a two-year high of £268,000 on average due to buyers rushing to beat April's stamp duty increases; however, London prices fell 1.1% in February.

Progress

44% Bias Score

Reduced Inequality
news.sky.com
🌐 85% Global Worthiness
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De La Rue: Historic Takeover by US Private Equity Firm Imminent

Atlas Holdings, a US private equity firm, is poised to acquire De La Rue, the Bank of England's banknote printer, for £130 per share, ending its 80-year run as a public company and marking its first private ownership since 1813.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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BoE Official Cautions Against Inflation Distraction, Advocates for Continued Rate Cuts

Bank of England MPC member Alan Taylor warns against prematurely changing course on interest rate cuts despite higher-than-expected UK inflation (3.5% in April) and first-quarter growth (0.7%), attributing the rise to one-off factors and expressing concern over the US trade war's negative impact on ...

Progress

44% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 85% Global Worthiness
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Bank of England Warns Against Rate Cuts Despite High Unemployment

The Bank of England's chief economist warned against expecting further interest rate cuts despite a four-year high in unemployment and over 100,000 job losses in the last three months, citing concerns about persistent inflation above the target rate and potential echoes of past inflation crises.

Progress

40% Bias Score

Decent Work and Economic Growth
theguardian.com
🌐 75% Global Worthiness
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UK Unemployment Hits Almost Four-Year High Amidst Labor Market Slowdown

The UK unemployment rate rose to 4.5% in Q1 2024, the highest since summer 2021, driven by a decrease in job vacancies (761,000, down 131,000 year-on-year) and weaker pay growth (5.6%, down from 5.9%), amid increased employer NICs and the national living wage.

Progress

24% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Nationwide Cuts Mortgage Rates Amidst Expected Bank of England Rate Reduction

Nationwide Building Society has cut its mortgage rates by up to 0.3 percentage points across various fixed and tracker mortgages, following similar cuts by Halifax, TSB, and Virgin Money, ahead of the expected Bank of England interest rate cut.

Progress

36% Bias Score

Reduced Inequality
euronews.com
🌐 75% Global Worthiness
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UK Inflation Falls to 2.6%, Pressuring Bank of England for Rate Cut

UK inflation dropped to 2.6% in March, lower than expected, largely due to cheaper fuel, increasing pressure on the Bank of England to cut interest rates in May; however, higher energy bills and global uncertainty remain.

Progress

40% Bias Score

Reduced Inequality
politico.eu
🌐 85% Global Worthiness
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Trump Tariffs Pose Significant Threat to U.K. Economic Growth

Bank of England Deputy Governor Sarah Breeden warned that President Trump's tariffs, even after a partial reversal, represent the most significant change in U.S. trade policy in 100 years, and are expected to lower U.K. economic growth due to decreased U.S. consumer spending and potential supply cha...

Progress

28% Bias Score

Decent Work and Economic Growth

Showing 37 to 48 of 113 results