Jobless rate hits four-year high- but makes interest rate cut more likely
The UK's unemployment rate has risen to a four-year high, in a surprise deterioration that boosts the case for a Bank of England interest rate cut.
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The rate of inflation has continued to slow, hitting a much lower than expected 3.2% last month according to official figures which should lock in an interest rate cut by the Bank of England on Thursday....17-12-2025, 06:15 AM -
There is "considerably more doubt" over when future interest rate cuts can take place, the governor of the Bank of England has said.
More...03-09-2025, 04:41 PM -
The Bank of England has cut the interest rate for the fifth time in a year to 4% but warned that climbing food prices will cause inflation to jump higher in 2025.
More...07-08-2025, 04:28 PM