Interest rate cut – but budget means inflation will rise, Bank says

7 November 2024

The Bank of England has forecast Rachel Reeves’s first budget as chancellor will increase inflation by up to half a percentage point over the next two years, contributing to a slower decline in interest rates than previously thought.Read More

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Interest rate cut – but budget means inflation will rise, Bank says

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MP Mike Amesbury charged with common assault after incident in Cheshire street