Bank of England, wage growth

Bank of England still on track to cut interest rates despite surging wages
"Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey said at an event in Brussels.
Bank of England still likely to cut rates despite surging wages, says Bailey
Andrew Bailey said the Bank of England was likely still on track to cut interest rates again this year despite surging pay growth and an anticipated increase in inflation.
U.K. Inflation Reaches 10-Month High, Complicating Bank of England’s Rate Path
Consumer prices were 3% higher in January than a year earlier, up from 2.5% in December, complicating the picture for the BOE after it said it would cut interest rates gradually.
UK inflation spikes to a 10-month high, likely to worry the Bank of England
Inflation in the U.K. rose to a 10-month high in January, official figures showed Wednesday, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England.
Inflation jumps to 10-month high, knocking chance of early interest rate cut
UK inflation jumped more sharply than expected at the start of the year, posing a dilemma for the Bank of England as it considers further interest rate cuts amid weak economic growth. The Office for National Statistics (ONS) said on Wednesday that Consumer Prices Index (CPI) inflation rose to 3% in January from 2.
UK inflation sees further spike as it rises to a 10-month high
January's inflation figure is likely to slow down the Bank of England's delivery of interest rate cuts as inflation remains well above the central bank's government-set target. View on euronews
U.K. Wages Gather Pace, Complicating Bank of England’s Task Ahead
Wages grew at a faster rate in the U.K. at the end of last year, posing a potential headache for the Bank of England after it ...
Daily Express16d
Bank of England may lower interest rates due to Trump tariffs
Against that background and fears of a recession, City experts believe there is every chance the Bank of England will decide to take a more aggressive line on base rate cuts. Experts at Bank ...
BBC5d
When will interest rates go down again and how do they affect mortgages?
The Bank of England has cut interest rates from 4.75% to 4.5%, their lowest level for 18 months. It is the third cut since August 2024, but the Bank said it will take a "gradual and careful ...
Seattle Times15d
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
LONDON (AP) — The Bank of England halved its growth projection for the British economy this year as it cut its main interest rate Thursday for the third time in six months. In a statement ...
cumnockchronicle.com2d
Fact check: Rachel Reeves worked for the Bank of England over five years
Ms Reeves, 46, spent five-and-a-half years working for the Bank of England between 2000 and 2006. A LinkedIn page which appears to belong to Ms Reeves says that she worked at the Bank of England ...
Reuters27d
The Bank of England's rate cut challenge: stumbling growth and stubborn inflation
LONDON, Jan 24 (Reuters) - The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early ...
The Financial Times23d
Bank of England is squeezing small banks too hard
If it all comes unstuck, they get hauled over the coals. Spare a thought, then, for the Bank of England and its Prudential Regulation Authority, currently under pressure to cut red tape.