'How Embarrassing Is It?' Nick Ferrari Skewers Minister Over Gloomy Growth Prediction
Nick Ferrari embarrassed Ed Miliband this morning about his government’s goals after the Bank of England dampened Labour’s ...
Starmer's 'crisis summit' after BoE growth alert: PM gathers Cabinet to 'take stock' amid 'Stagflation' warnings - with fears Labour will have to hike taxes again or cut s…
Keir Starmer is holding a special meeting of ministers in Westminster to 'take stock' after new forecasts underlined the ...
Shropshire Star7h
What the papers say – February 7
And the Daily Mail hails the news as a “new era of stagflation” for Britain. The i paper writes Ms Reeves may have to raise ...
'New era of stagflation' and 'putrid' figures for Reeves
The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...
Back to the 70s nightmare: Labour's Britain faces a new era of rising inflation, flatlining growth and stagflation, the Bank of England warns
A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
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.
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
Pound plunges after interest rate cuts - more pain to come for Rachel Reeves
The value of the pound dropped sharply after the Bank of England announced a cut to interest rates in a new blow for ...
Julian Harris: With Friends Like These, Does Labour Need Enemies
Obviously we are very supportive of measures that raise growth in the long term,” said Bank of England rate-setter Clare ...
Millions of mortgage bills to fall as Bank of England interest rate decision confirmed – what it means for YOUR money
MILLIONS of mortgage bills are set to fall after the Bank of England confirmed a cut to interest rates. During today’s ...
Rachel Reeves given ultimatum over 'putrid' downgrade to economy
Rachel Reeves has been put on notice after “putrid” economic growth forecasts were slashed. The Bank of England halved its ...