Recession alarm bells ring as Bank slashes 2025 growth forecast to just 0.75%
Recession alarm bells ring as Bank slashes 2025 growth forecast to just 0.75% - Inflation also expected to be higher than previously forecast, rising to 3.7% this year
Bank cuts interest rates and slashes growth forecast
Bank boss Andrew Bailey told the BBC it expected to cut rates further but warned the road ahead would be bumpy.
Bank of England cuts rates and growth outlook, sees inflation 'bump'
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.
Bank Of England Cuts Rate By 25 Bps, Sees Modest Growth In Q1
The Bank of England lowered its key interest rate by a quarter-point as widely expected on Thursday but two policymakers sought a
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, Warns of Tariff Impact
The central bank responded to a troubling mix of stuttering economic growth, stubborn inflation and President Trump’s tariff threats.
Bank of England Cuts Rates While Warning of Inflation and Trade War Risks
The central bank cut rates for the third time in about six months as it said economic growth had been weaker than expected.
Bank of England signals further easing after rate cut, slashes growth outlook
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.
Low growth and rising prices - it's looking gloomy for the UK
The central bank may have cut rates but forecasts of low growth and rising inflation make a challenging domestic vista.
Reeves issued recession warning as UK entrepreneurs' mood most “depressing” in 40 years
The Labour Government has been branded a ‘disaster' as the businessman says the ‘depressing' mood among entrepreneurs is the ...
Recession fears grow as companies prepare to ramp up staff cuts
Fears of a recession are growing as business chiefs warned they will be forced to ramp up job cuts as Rachel Reeves’s tax ...
World News Live Today February 3, 2025: ‘I think that one can be worked out’: Donald Trump on possible UK tariffs
Get real-time updates on international politics, economic changes, conflicts, and environmental issues. Access the latest ...
Rachel Reeves faces fresh humiliation as ally refuses to rule out recession
Treasury Minister James Murray has refused to rule out the possibility of the UK slipping into a damaging recession in 2025, ...
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The four factors which could drive a recession in the UK
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...
Hedge funds bet Trump trade war will spark global recession
Hedge funds scrambled to sell shares in North American and European companies last month in a sign that the world’s top money ...
Minister Torn Apart For Claiming Brits Will Feel Better About The Economy This Year
"People can't pay their bills because they feel like they might be 'in a better mood'," one BBC presenter replied.