Besieged Reeves hit by even worse than expected economic growth forecast
Rachel Reeves has received dire news on her hopes to fulfil Labour’s primary mission of reigniting economic growth in the ...
Bank of England cuts rates but slashes growth forecast in blow to Labour
The base rate fell to 4.5% on Thursday, but the Bank halved the UK’s economic growth forecast for this year while predicting ...
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Interest rates: Why have they been cut and what does it mean?
The PA news agency looks at the outcome of the Bank of England’s decision, and whether rates will fall again soon.
Rachel Reeves' tax plan set to hit state pensioners amid calls to change it
The petition's creator, Alan David Frost, says it's "abhorrent to tax pensioners on their State Pension when it is over the ...
Why the Bank of England slashed its growth forecasts
Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.
Politico Europe2h
Bank of England cuts interest rates and lowers growth forecast
Pain for the UK government as BoE cuts growth forecasts but raises its estimates for inflation. The Bank of England cut interest rates again on Thursday, slashing its growth forecast for the year ...
Gloomy growth forecast adds to Rachel Reeves’ woes
A gloomy growth forecast from the Bank of England has piled the pressure on Rachel Reeves ahead of a verdict from the Budget ...
'Honey, I blew up the economy' – a disastrous day for Chancellor Rachel Reeves
A country battered by the cost of living crisis is now expected to suffer the effects of inflation climbing to 3.7%. This is ...
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Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Bank of England cuts rates while signaling caution on path ahead
The nine-member Monetary Policy Committee lowered the bank’s benchmark rate by a quarter point to 4.5 per cent. Read more at ...
Oh dear, Rachel Reeves — just when we think politics can't get worse, it throws you up
How have we ended up with Rachel Reeves, Angela Rayner and Sir Keir Starmer? Well, it's quite simple actually.
Interest rates cut but growth downgraded heaping pressure on Chancellor Rachel Reeves
Chancellor Rachel Reeves has said she is “not satisfied” with the UK’s growth rate after the Bank of England downgraded the economy’s short-term prospects.