Monetary Policy

UK retail sales jump 2.9% in May

UK retail sales volumes rose by 2.9% in May 2024, following a fall of 1.8% in April 2024, according to…

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BoE holds interest rates for 7th consecutive month

Interest rates have remained unchanged at 5.25% for the seventh consecutive month, the Bank of England has announced. The bank’s MPC…

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Inflation remains at 6.7% despite fall in food prices

Inflation remained unchanged at 6.7% in September as a fall in food prices was offset by an increase in the…

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Bank of England keeps interest rates unchanged at 5.25%

Following 14 straight rate rises, the Bank of England (BoE) has kept interest rates unchanged at 5.25%. At its latest…

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Inflation ‘unexpectedly’ falls to 6.7%

The headline rate of inflation has fallen by 0.1% to 6.7% in August, according to the latest data from the…

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BoE raises interest rates to 5.25%

The Bank of England (BoE) has raised interest rates for the 14th consecutive time to 5.25% in a bid to…

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BoE raises interest rate to 15-year high

The Bank of England (BoE) has raised interest rates for the 13th consecutive time to 5%, the highest level in…

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BoE raises interest rate for 12th time to 4.5%

The Bank of England (BoE) has raised interest rates for the 12th consecutive time to 4.5%, up from 4.25%. The…

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BoE raises interest rates to 4.25%

The Bank of England (BoE) has announced that interest rates will be raised by 0.25% to 4.25%, the highest rate…

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BoE raises interest rates to 4%

The Bank of England (BoE) has announced that interest rates will be raised by 0.5%, bringing the base rate of…

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