Rachel Reeves faces £1.3bn ‘triple lock’ headache
Rachel Reeves is facing a £1.3bn “triple lock” headache as spiking inflation pushes up the cost of the state pension.
Rachel Reeves given ultimatum over 'putrid' downgrade to economy
Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...
ALEX BRUMMER: Stagflation’s back and it’s a disaster entirely of Rachel Reeves’s making
Labour, which campaigned on a pledge to promote growth, has created a new era of 'stagflation' - a devastating combination of ...
Stagflation: Chancellor Rachel Reeves faces mess of her own making
The Bank now expects the UK economy to grow 0.7 per cent this year, cut from a previous estimate of 1.5 per cent. Inflation, ...
Back to the 70s nightmare: Labour's Britain faces a new era of rising inflation, flatlining growth and stagflation, the Bank of England warns
A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
Pound plunges after interest rate cuts - more pain to come for Rachel Reeves
The value of the pound dropped sharply after the Bank of England announced a cut to interest rates in a new blow for ...
Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves
Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves - Huw Pill warned ...
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PM holds 'crisis summit' after Bank of England warning over 'Stagflation' - as fears grow over further tax hikes
Keir Starmer is said to be gathering his Cabinet for a crisis meeting as the threat of 'Stagflation' rises. The special ...
Interest rates live: Bank of England cuts interest rates to 4.5% but UK growth downgraded
Experts predict the Bank of England will cut the UK’s base interest rate, which currently sits at 4.75 per cent, to 4.5 per ...
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.