Tag #Bank Of England

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abcnews.go.com
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Bank of England to Cut Interest Rates Amidst Stagnant Economy

The Bank of England is expected to cut interest rates by 0.25% to 4.50% on Thursday, despite inflation being at 2.5%, due to a stagnating economy and declining employment; the decision is based on forecasts predicting inflation will trend toward the 2% target.

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32% Bias Score

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politico.eu
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Bank of England to Cut Interest Rate Amid Weakening Economy

The Bank of England will likely cut its key interest rate to 4.5 percent on Thursday to counter slowing economic growth and rising wages, despite inflation being in line with projections; however, this action risks reigniting inflation.

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44% Bias Score

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cnbc.com
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U.K. Pension Funds Weather Borrowing Cost Spike, Unlike 2022 Crisis

Higher U.K. borrowing costs this year, unlike the 2022 mini-budget crisis, have benefited pension funds due to higher funding ratios, lower leverage, improved governance, and a more measured yield increase; however, this reduced demand for new gilts presents challenges for the U.K. Debt Management O...

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theguardian.com
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UK Housing Market Sees Record Seller Increase and Price Jump

Since Boxing Day, a record number of new sellers entered the UK housing market, resulting in a 1.7% average price increase to £366,189 and an 11% rise in sales agreed compared to the previous year, driven by falling interest rates, despite affordability concerns.

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europe.chinadaily.com.cn
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UK Chancellor Urges Regulators to Boost Growth After Disappointing GDP Figures

UK Chancellor Rachel Reeves met with regulators on Thursday to discuss stimulating economic growth after November's disappointing 0.1 percent GDP increase, falling short of predictions and prompting concerns about the need for regulatory reform to address investment barriers and boost economic activ...

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40% Bias Score

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cnbc.com
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Weak UK Retail Sales Fuel Expectations of BOE Rate Cuts

Weak UK retail sales in December (-0.3% MoM), defying forecasts, add to economic concerns, fueling market expectations of over 75 basis points in Bank of England interest rate cuts in 2025 and complicating Finance Minister Rachel Reeves's economic agenda amid high bond yields and inflation.

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52% Bias Score

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theguardian.com
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Bank of England Cuts Interest Rates to 4.5%, Impacting Mortgages and Savings

The Bank of England cut interest rates to 4.5% on Thursday, impacting mortgage holders differently: those with tracker mortgages will see immediate reductions, while variable-rate holders' changes depend on their lender. New fixed-rate mortgages may also see some reductions in the coming weeks, whil...

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32% Bias Score

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dailymail.co.uk
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UK Manufacturing Contracts Amidst Expected Interest Rate Cut

The UK manufacturing sector contracted in January 2025, with output, new orders, and employment falling, according to the S&P Global UK manufacturing PMI survey which recorded a reading of 48.3; rising input costs and global trade tensions are adding pressure as the Bank of England is expected to cu...

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theguardian.com
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UK Pay Growth Rises, Adding Pressure on Bank of England

UK average weekly earnings increased by 5.6% in the three months to November, driven by strong private sector growth, putting pressure on the Bank of England to maintain interest rates amid concerns over inflation; unemployment rose to 4.4%.

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44% Bias Score

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dailymail.co.uk
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UK House Prices Surge, But Record Listings May Temper Growth

UK house asking prices saw a 1.7 percent jump (£5,992) in the month to January 11th, reaching £366,189 on average, the highest January increase since 2020; however, this is still below May 2024's record, and a record number of new properties on the market may slow future price growth.

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40% Bias Score

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cnbc.com
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European Markets Rise Despite Mixed Economic Data

European markets opened higher on Friday, following strong Wednesday gains and a 0.1% rise in UK GDP in November, despite a 0.3% fall in December retail sales and ended merger talks between Glencore and Rio Tinto; rising Eurozone inflation adds complexity.

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24% Bias Score

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theguardian.com
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UK Economy Shows Slight Growth in November Amidst Stagnation Concerns

The UK economy grew by 0.1% in November, following a 0.1% drop in October, but this slower-than-expected growth raises concerns about stagnation despite a rise in services and construction, offset by falls in manufacturing and other sectors.

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60% Bias Score

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Showing 85 to 96 of 113 results