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19.11.25 - 09:48
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Fall in UK inflation looks like turning point that heralds interest rate cut (The Guardian)
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Rachel Reeves hints there will be budget measures to push down prices and Bank of England is likely to actUK inflation eases to 3.6% before crunch budgetBusiness live – latest updatesAfter three months on a high plateau, inflation is beginning to ease again. The drop from 3.8% to 3.6% in the October consumer prices index sets the UK on a downward path that reduces the pressure on shoppers, businesses and the government.Never mind that City economists had expected a fall last month. It appears to be a turning point back towards normality after a topsy-turvy year that everyone wants to put behind them. Continue reading......
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14.11.25 - 12:30
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Fed Rate Cut Doubt Growing; UK Income Tax Hike Plan Ditched By Reeves | The Pulse 11/14 (Bloomberg)
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
(Source: Bloomberg)...
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11.11.25 - 11:54
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UK Jobless Rate Climbs, Adding Pressure on BOE to Cut (Bloomberg)
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UK unemployment rose more than expected, prompting traders to add to bets on a Bank of England interest-rate cut next month. The jobless rate climbed to 5% in the three months through September, up from 4.8% the previous month and the highest since early 2021 when the economy was under Covid restrictions, the Office for National Statistics said Tuesday. Dan Hanson of Bloomberg Economics breaks down the data. (Source: Bloomberg)...
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09.11.25 - 13:30
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UK banks still committed to climate goals, Bank of England executive insists (The Guardian)
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Exclusive: David Bailey plays down concerns after HSBC and Barclays quit UN-backed Net Zero Banking AllianceA Bank of England executive has insisted that UK banks are still showing a “vibrant” commitment to climate goals despite the recent demise of a global net zero target-setting group.David Bailey, the executive director of prudential policy at the Bank's regulatory arm, played down concerns surrounding the fact that significant lenders including HSBC and Barclays had followed their US peers in dropping membership of the UN-backed Net Zero Banking Alliance (NZBA). Those exits led to the closure of the once-lauded NZBA last month. Continue reading......
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