Blow for Rachel Reeves

Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves
Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves - Huw Pill warns that ‘we’re not in a situation where we can declare job done’ on inflation
The Bank of England isn’t coming to save Rachel Reeves – no one is
Will the Bank of England save the day? It’s an odd question, recent history considered. Threadneedle Street has been playing a long game of catch-up: hiking rates far too late to curb the inflation crisis and then arguably keeping rates too high for too long,
Bank of England humiliates Rachel Reeves with brutal downgrade to UK’s growth forecast
While the cutting of interest rates will have come as a relief to Rachel Reeves, the Bank's cut to growth predictions is a major blow.
Besieged Reeves boosted by interest rate cut but hit by downgraded economic growth expectations
The Bank of England has cut interest rates by 0.25 per cent to 4.5 per cent but downgraded forecasts on growth
Why the Bank of England slashed its growth forecasts
Alongside cutting interest rates by 25 basis points, the Bank of England halved the UK's expected growth rate in 2025.
Bank of England gives hawkish warning as it cuts rates to 4.5%
In a blow to Chancellor of the Exchequer Rachel Reeves, the BOE warned that inflation will rise “quite sharply” to peak at 3.7% later this year, up from 2.8% in the last forecast.
Bank of England policymakers speak after rate cut, weaker growth forecast
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation will prove temporary. Here's what Bank of England officials said in a pres
Blow for Rachel Reeves as Bank of England DOWNGRADES growth forecast for UK economy despite interest rate cut
Chancellor Rachel Reeves has been dealt another blow to her fiscal agenda as the Bank of England has downgraded its growth forecast for the UK economy to 0.75 per cent. The central bank confirmed it has revised its prediction down from previous estimates of 1.
Stagflation: Chancellor Rachel Reeves faces mess of her own making
The Bank now expects the UK economy to grow 0.7 per cent this year, cut from a previous estimate of 1.5 per cent. Inflation, ...
Rachel Reeves urged to spare pensioners as fears grow millions more will face tax bomb
Campaigners are pleading with Chancellor Rachel Reeves to axe a policy which will force millions more pensioners to pay ...
Andrew Bailey lays bare the damage of Reeves’s broken promises
Rachel Reeves promised businesses time and time again before the election that she was on their side. As part of her Mais ...
Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
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PM holds 'crisis summit' after Bank of England warning over 'Stagflation' - and fears grow over further tax hikes
Keir Starmer is gathering his Cabinet for a crisis meeting as the threat of 'Stagflation' rises. The special meeting with ...
Reeves accused of 'trick' to downplay £200bn blackhole as UK crashes into 'mire of debt'
EXCLUSIVE: Bob Lyddon accused the financial establishment of "a conjuring trick that deceives the public into believing we ...
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New tax hikes feared to be coming in just MONTHS as Rachel Reeves's £9.9bn fiscal headroom 'evaporates'
Rachel Reeves could be forced to announce further tax rises due to a significant shortfall in the Government’s finances.