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UK Interest Rates

  • Economy expected to return to growth in November – but risk of recession remains

    January 8, 2024

    Experts pointed to a range of factors behind the likely rebound, including the drop in temperature after an unusually mild October.

  • CFOs are more confident – but the UK’s low productivity is a growing concern

    January 8, 2024

    Finance chiefs at Britain's largest firms have shown increased confidence in the economy as their concern shifts away from inflation and high interest rates to geopolitical risks and the UK's low productivity.

  • Bank of England must start thinking about cutting rates, says former chief economist

    January 7, 2024

    While Haldane suggested it "might be premature" to start cutting interest rates immediately, he cautioned against any further rate increases.

  • Inflation easing – but wage growth still a threat, Bank of England panel warns

    January 4, 2024

    The figures suggest that the surprisingly fast progress on bringing inflation down to the two per cent target still has further to run.

  • Why Deutsche Bank reckons the UK economy will avoid a recession in 2024

    January 3, 2024

    The UK economy outperformed all expectations in 2023, but it was hardly a vintage year. Here are some reasons why 2024 might be better.

  • Rate cuts needed to ‘kick start’ economy: UK business group

    January 3, 2024

    Business confidence in the UK economy ended 2023 sharply lower as falling inflation failed to boost optimism ahead of the new year.

  • Leading economists expect Bank of England to cut interest rates in spring

    January 2, 2024

    Top economists have brought forward their expectations for the Bank of England's next interest rate cut to as soon as March and overwhelmingly see the central bank's monetary policy as too hawkish, according to a Morning Wire poll, after promising signs in the battle against inflation.

  • Exclusive: Top economists forecast Bank of England to cut rates as soon as March

    December 28, 2023

    The Bank of England is tipped to start cutting interest rates as soon as March, according to a Morning Wire poll of top economists, as the central bank faces mounting criticism for being too hawkish in its monetary policy.

  • Falling UK debt interest may allow room for tax cuts, Jeremy Hunt says

    December 22, 2023

    Lower levels of UK debt interest may allow room for the government to cut taxes, UK Chancellor Jeremy Hunt has said.

  • ‘Expect volatility’: How will sterling perform in 2024?

    December 21, 2023

    Traders around the world are dialling back their expectations for where interest rates will sit by the end of 2024.

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