Don’t rule out another rate cut this year September 23, 2025 Many are assuming the Bank of England will hold rates for the rest of the year. But scratch the surface and there is a case for another move before year-end, says Martin Beck Most analysts reckon the Bank of England is done cutting rates in 2025, a consensus reinforced by the Bank’s decision today to [...]
Bank of England holds interest rates and slows down QT to £70bn September 18, 2025 The Bank of England’s Monetary Policy Committee (MPC) voted 7-2 to hold interest rates amid sticky inflation, with a decision to slow down its quantitative tightening (QT) process also made in light of febrile markets raising borrowing costs. MPC members made a dual decision at its September meeting on interest rates and the sale of [...]
Hawks vs Doves: Bank of England’s MPC will hold interest rates – but expect dissent September 17, 2025 In the last year, the Bank of England has cut interest rates five times on the expectation that price rises were easing in the UK. When inflation hit a 41-year high of 11.1 per cent in October 2022, policymakers at the Bank warned that its fight to battle inflation was “sacrosanct”. The relentless spiralling of [...]
Inflation: Brits ‘paying the price for years of poor economic management’ September 17, 2025 Inflation hit 3.8 per cent in the year to August, according to official data, sending a warning to Bank of England officials ahead of a crucial interest rate vote on Thursday. The previous reading for inflation in July was 3.8 per cent, with the August figure likely to confirm Bank of England rate-setters will vote [...]
Firms continue to shed workers as jobs market deteriorates September 16, 2025 The collapse of the UK jobs market has deepened, according to official data, undermining the Labour government’s goal to boost employment. Firms continued to shed workers as the number of payrolled employees dropped by 6,000 in July, adding to a collapse of 142,000 over the year. Provisional estimates suggest there was a fall of 8,000 [...]
City PM Shadow MPC votes 8-1 to HOLD interest rates September 16, 2025 Leading economists from academia and the City have voted 8-1 for interest rates to be held at four per cent in City PM’s Shadow Monetary Policy Committee (MPC) ahead of the Bank of England’s own decision this week. Top analysts, who expressed views independently of their organisations, have said that stubborn inflation above the Bank [...]
Bank of England likely to slow down QT programme, Investec economist says September 15, 2025 The Bank of England’s Monetary Policy Committee (MPC) is likely to slow down its quantitative tightening (QT) programme over the next year, an Investec economist has said, as Britain’s central bank looks to quell concerns over rising gilt yields. “We doubt that the MPC will maintain the same pace of balance sheet reduction next year [...]
Bank of England predicted to not cut interest rate until 2026 September 12, 2025 Interest rate cuts are unlikely to take place this year, according to some of the most dovish forecasters, with City analysts split on where they will settle given the UK’s battle against high inflation and low growth. The Bank of England is set to hold its next monetary policy committee (MPC) meeting next week, a [...]
UK economy sees zero growth amid Labour’s summer troubles September 12, 2025 The UK economy failed to grow in July, according to official data, with the Labour government struggling to drive growth despite its core commitment to do so. The Labour government has doubled down on its “growth mission” by making a string of new economics-focused appointments across ministerial and advisory roles, and establishing a business-friendly board [...]
US inflation jumps to 2.9 per cent, setting up key rate decision September 11, 2025 US inflation edged up to 2.9 per cent in August, leaving the Federal Reserve with a difficult decision to make on interest rates next week and all but vanquishing any chance of a ‘super-sized’ 50 basis-point cut. The Bureau of Labor Statistics said on Thursday that the annual consumer price index (CPI) figure for inflation [...]
