After disappointing GDP numbers, BoE slashes Britain's interest rates, cuts economic growth forecast
The Bank of England brought down its benchmark interest rate by 25 basis points to 4.5 per cent. Following the announcement of the interest rate cut, BoE also said that it was halving its UK growth estimate for 2025 to 0.
Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...
Those who had not worked, or had only earned a low salary “would be required to leave". Read more at straitstimes.com.
From the Western world's biggest economic car crash to an emerging bridge between trade-warring superpowers, Britain's ...
The UK has underinvested for decades and now faces serious growth and budget constraints.
The latest S&P Global construction purchasing managers’ index showed a reading of 48.1 in January, down sharply from 53.3 in ...
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