Tag results for: Bank of England
Inflation soars at is fastest pace to 3% above the BoE’s 2.8% forecast – London Business News | Londonlovesbusiness.com
This morning’s UK inflation figures pointed to a renewed intensification in price pressures as the new year got underway. Headline inflation rose 3.0% YoY...
Unemployment holds steady at 4.4% below BoE’s 4.5% forecast – London Business News | Londonlovesbusiness.com
This morning’s UK labour market report pointed to continued labour market fragility as 2024 drew to a close. Unemployment, in the three months to...
Bank of England policymaker warns ‘the labour market has all but stopped’ – London Business News | Londonlovesbusiness.com
Price and wage rises across the economy will be hampered even though there has been an expected rise in inflation due to a downturn in...
HMRC drops late payment interest after Bank of England cuts interest rates – London Business News | Londonlovesbusiness.com
But taxpayers still pay nearly double in interest compared to the amount HMRC pays in tax refunds HMRC has confirmed it will reduce the...
Pound near multi-year low as UK inflation eases, market awaits BoE’s next move – London Business News | Londonlovesbusiness.com
The British Pound hovered near multi-year lows against the US dollar as the market reacted to signs of inflation easing. The latest inflation and...
Economists are warning inflation could rise ‘above 3%’ which will be blow for interest rates – London Business News | Londonlovesbusiness.com
Economists are warning that inflation could rise “above 3%” in the coming months that could prevent the Bank of England’s Monetary Policy Committee (MPC) from...
