Inflation is marching higher, say economists, citing strong wage growth and impending tax hikes for businesses.
Read more … →Bank of England Governor Andrew Bailey downplayed new wage data in an apparent attempt to keep alive expectations for another interest rate cut.
Read more … →The Bank of England will only get away with one more interest rate cut in 2025, warns an independent research organisation.
Read more … →In a significant move for the UK mortgage market, Santander UK has become the first high-street lender in 2025 to introduce sub-4% fixed mortgage rates.
Read more … →Catherine Mann says she voted to cut Bank Rate by 50 basis points due to surprisingly weak economic activity.
Read more … →The European Union says it is readying tariffs on U.S. imports in a tit-for-tat response to a U.S. decision to impose a 25% tariff on aluminium and steel.
Read more … →The Bank of England (BoE) is poised to implement multiple interest rate cuts throughout 2025, according to Sanjay Raja, Senior Economist at Deutsche Bank.
Read more … →