Traders have increased bets on a Bank of England interest rate cut in March after UK inflation fell to its lowest level in 10 months.
Traders have increased bets on a Bank of England interest rate cut in March after UK inflation fell to its lowest level in 10 months.
Barclays said there is a “strong case” for the Bank of England to cut interest rates next month following further signs of economic weakness.
UK unemployment has climbed to its highest level in four years, underlining a continued deterioration in the jobs market, according to official figures.
Amazon has unveiled an above-inflation pay rise for tens of thousands of its UK employees, a move likely to attract scrutiny from the Bank of England amid ongoing concerns about