Today news
About the same in other media
Bank of England meets expectations with 25 basis point rate cut to 4.75%
Reading now: 247
All but one member of the Monetary Policy Committee voted to reduce the Bank rate at the meeting on Wednesday (6 November). With UK inflation dropping below the Bank's 2% target in September, the MPC said there had been «continued progress» on disinflation thanks to the unwinding of external global shocks, although it noted «remaining domestic inflationary pressures are resolving more slowly». The central bank said inflation is expected to increase to around 2.5% by the end of the year, with headline GDP growth set to fall back to around 0.25% per quarter over the second half of this...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Ford Motor Co. to cut 4,000 jobs in Europe and UK, citing disruption from shift to electric vehicles, economic headwinds abcnews.go.com /1 month ago
Morning Coffee: Morgan Stanley's London chairman missing after freak sinking. Barclays under pressure to cut salaries efinancialcareers.com /1 month ago
UK to relaunch trade talks with India, seeks 'new strategic partnership' economictimes.indiatimes.com /1 month ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
