Goldman Sachs expects the Bank of England to cut interest rates next week, forecasting a 6–3 vote in favour of easing policy.
Rachel Reeves Weighs 2p Income Tax Rise in Potential Manifesto Breach
Chancellor Rachel Reeves is considering a 2p rise in the basic rate of income tax, a move that would break Labour’s election manifesto pledge not to increase income tax, National
Bank of England Holds Rates at 4% as Inflation Pressures Persist
The Bank of England has voted to leave interest rates unchanged at 4%, as policymakers balance persistent inflation risks against signs of slowing growth.
Markets Expect Bank of England to Hold Rates at 4%
The Bank of England is widely expected to leave interest rates unchanged at 4% when its decision is announced at midday. A surprise move would deliver a major shock to
Inflation Dashes Hopes of BoE Rate Cut as Traders Push Forecasts Into 2026
Hopes of an immediate interest rate cut by the Bank of England have all but evaporated after UK inflation held stubbornly above target in August.
Borrowers Face Extended Pain as Inflation Dashes Hopes of Rate Cut
Mortgage brokers have warned that borrowers will have to “slog it out” for longer, as stubborn inflation looks set to keep interest rates on hold.
Inflation Not a Threat, Says Bank of England Official
The Bank of England rate-setter is urging calm over inflation concerns while pushing again for lower interest rates.
The Bank of England is expected to deliver only one more interest rate cut this year.
Traders Scale Back Rate Cut Expectations as UK Inflation Surges
Bank of England Conducting Simulations on Potential Loss of Confidence in U.S. Dollar
A senior policymaker has disclosed that the Bank of England is closely monitoring for warning signs that the U.S. dollar could lose its status as the global reserve currency.
UK car manufacturers may continue selling hybrid vehicles until 2035.
Under proposals being considered by ministers to ease rules encouraging a shift to fully electric cars, hybrid vehicles could remain on sale in the UK until 2035.
Trader’s Café With Zak Mir: The Week In Small Caps, Sunday 3rd November 2024
The Growth Government
Kemi Badenoch has become the new Conservative Party leader, defeating Robert Jenrick in the leadership race.
Breaking: Kemi Badenoch has been elected as the new Conservative Party leader, succeeding Rishi Sunak after defeating Robert Jenrick in the leadership contest.