Tag #Uk Economy

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euronews.com
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BoE Cuts Interest Rate to 4.5%, Balancing Inflation and Growth Concerns

The Bank of England lowered its key interest rate by 0.25 percentage points to 4.5% on Thursday, its third cut since August 2024, reflecting progress in curbing inflation but acknowledging persistent price pressures and a sluggish UK economy; two members of the Monetary Policy Committee advocated fo...

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24% Bias Score

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theguardian.com
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Bank of England Cuts Rates Amidst Bleak Economic Forecast

The Bank of England cut interest rates by 0.25 percentage points to 4.5% on Thursday, despite forecasting weak GDP growth (0.75% in 2025) and rising inflation (3.7% by summer), believing a weakening jobs market will prevent a wage-price spiral.

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40% Bias Score

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cnbc.com
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Bank of England Cuts Interest Rates Amidst Weak UK Growth

The Bank of England unexpectedly cut its benchmark interest rate by 0.25 percentage points to 4.5% on Thursday, its first cut of 2025, citing weaker-than-expected economic growth and decreased inflation, despite potential inflationary risks from US tariffs and government fiscal policy.

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36% Bias Score

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bbc.com
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Bank of England to Cut Interest Rates to 4.5%

The Bank of England is expected to cut interest rates from 4.75% to 4.5% later today, aiming to boost the UK economy, which has been showing slow growth; this will directly benefit around 629,000 mortgage holders.

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36% Bias Score

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dailymail.co.uk
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GSK CEO urges UK government to boost support for pharma industry

GSK's CEO Emma Walmsley says the UK government must increase support for its pharmaceutical industry to prevent it being overtaken by foreign rivals, following AstraZeneca's cancellation of a £450 million vaccine factory near Liverpool due to insufficient state support.

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44% Bias Score

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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 Cuts Rates Amid Bleak Growth Forecast

The Bank of England cut interest rates on Thursday, slashing its 2025 UK growth forecast to 0.75 percent while warning that inflation will remain above target at 3.5 percent, reflecting the impact of rising natural gas prices and recent tax increases.

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44% Bias Score

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dailymail.co.uk
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Bank of England Cuts Interest Rates Amidst Economic Slowdown

The Bank of England cut interest rates from 4.75 percent to 4.5 percent today, citing concerns about the slowing UK economy and slower-than-expected inflation reduction, despite risks from US tariffs and recent tax increases.

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48% Bias Score

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elpais.com
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BoE Cuts Interest Rates, Halves UK Growth Forecast Amid Inflation and Unemployment Concerns

The Bank of England cut interest rates to 4.5% on Thursday, its third cut this year, but halved its UK GDP growth forecast for 2025 to 0.75% due to increased unemployment and inflation spurred by a recent government tax hike; the BoE warns of potential stagflation.

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44% Bias Score

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dailymail.co.uk
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Businesses Warn Against Further Tax Rises Amid Economic Downturn Fears

Following the October budget's £25 billion employer national insurance rise, businesses warn against further tax increases amid economic downturn fears, with economists predicting a public finance black hole.

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52% Bias Score

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dailymail.co.uk
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UK Economic Outlook Worsens Amid Fiscal Constraints and Inflation

The UK faces a deteriorating economic outlook, with £10 billion in fiscal space lost to low growth, high inflation, and interest rates, leading to potential emergency budget discussions and impacting the Bank of England's policy decisions.

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44% 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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Showing 709 to 720 of 987 results