Goldman Sachs has forecasted that the Bank of England will accelerate its pace of interest rate cuts, citing mounting evidence of economic weakness and softening inflation pressures.
Read more … →Rising unemployment and expectations for wage growth to have peaked will allow the Bank of England to cut interest rates in February and perhaps on three further occasions.
Read more … →The rise in borrowing costs means Chancellor Rachel Reeves is on course to find an additional ยฃ15BN to maintain her fiscal 'headspace'.
Read more … →The UK private sector, then the engine of the UK economy, has stagnated and could be in the throes of recession.
Read more … →The Bank of England will comfortably pass a 25 basis point cut next month and could get in a couple more before year-end.
Read more … →UK inflation undershot expectations in December, but it will pick up again as businesses pass the cost of tax hikes to customers.
Read more … →It's a worst-case scenario for the Bank of England as its own survey of senior financial managers shows rising inflation expectations, pricing intentions and job cuts.
Read more … →