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Posted 19/12/2024

BoE Faces Internal Discord after Holding Rate Firm at 4.75% in December

In a move demonstrating division within the Bank of England's ranks, its Monetary Policy...

Posted 18/12/2024

U.K. Inflation Reaches 2.6% in November amid Rising Energy Costs

The Office for National Statistics reported on Wednesday that U.K. inflation climbed to 2.6%...

Posted 07/11/2024

Bank of England Reduces Interest Rates Despite Concerns Over Budget Impact

In a move predicted by financial markets, the Bank of England's monetary policy committee...

Posted 16/10/2024

UK Inflation Falls to 1.7% in September, Below Bank of England’s 2% Target

The Office for National Statistics revealed on Wednesday that inflation in the U.K. saw...

Posted 19/09/2024

Bank of England Maintains Interest Rates at 5% Amidst Mixed Economic Indicators

The Bank of England announced on Thursday its decision to keep interest rates unchanged...

Posted 01/08/2024

Bank of England Cuts Interest Rates After Four Years

The Bank of England made a historic move by reducing its key interest rate...

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