Tag : bank of england

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UK growth forecast slashed as Bank of England lowers rates

basrahdaily.com
The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
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UK inflation rises to 2.6% in November as energy costs increase

basrahdaily.com
UK inflation rose to 2.6% in November, reflecting rising energy costs and wage pressures, according to the ONS. Core inflation also rose to 3.5%, underscoring...