Category : Search result: rate cuts


UK Inflation Stuck at 3.8% in August

New ONS data reveals UK inflation remained stubbornly high at 3.8% in August, dashing hopes of a drop and piling pressure on the Bank of England. We break down the key drivers and what it means for your wallet.

UK Inflation Holds Steady at 3.8% in July

UK inflation remained unchanged at 3.8% in July, defying expectations of a fall. The surprise hold puts pressure on the Bank of England and impacts household budgets amid the cost of living squeeze.

UK Inflation Plunges to 2.3%, Nearing BoE Target

In a dramatic shift, UK inflation has fallen to its lowest level in nearly three years, hitting 2.3% in April. This brings it tantalisingly close to the Bank of England's 2% target, putting a summer interest rate cut firmly on the table. Discover what thi

UK Pay Growth Slumps as Unemployment Rises

Exclusive analysis of the UK's latest labour market data reveals a worrying slowdown in wage growth coupled with rising unemployment, putting fresh pressure on household finances and the Bank of England's interest rate strategy.

UK Wage Growth Cools to 5.7% as Job Market Slows

New official figures reveal UK wage growth slowed to 5.7% in the three months to August 2025, as the labour market shows clear signs of cooling. Unemployment holds steady at 4.3% while job vacancies continue their decline.

UK Wage Growth Slows, Falling Behind Inflation

New data from the Office for National Statistics shows UK regular pay growth fell to 6.1%, lagging behind inflation and intensifying the cost-of-living crisis for workers.

UK Wage Growth Slows to 5.7% as Job Market Cools

Official figures show UK wage growth slowed to 5.7% while unemployment rose to 4.3%, signalling a cooling labour market that could influence Bank of England interest rate decisions.

Clare Balding's wife issues warning after scary health incident

BBC sports presenter Clare Balding reveals the frightening moment her heart rate plummeted live on television, prompting a serious health warning from her wife, Alice Arnold. The startling incident occurred during a segment on 'Pilgrimage: The Road Throug

ITV closes Good Morning Britain canteen in budget cuts

Exclusive: ITV has sparked internal fury after closing the flagship Good Morning Britain staff canteen in drastic budget cuts. Presenters and crew are now forced to bring packed lunches as the broadcaster slashes costs.

US Inflation Outpaces Wages, Census Data Reveals

Fresh US Census data reveals a concerning economic trend: while median household income has dipped, inflation continues to erode purchasing power, creating a financial strain for American families.

US Job Growth Cools Sharply in March 2025

US labour market shows signs of cooling as latest figures reveal job creation fell significantly below expectations in March 2025, with unemployment rate holding steady at 4.1%.

Kerala's infant mortality rate beats United States

In a remarkable public health achievement, the Indian state of Kerala has reported a lower infant mortality rate than the United States, challenging global perceptions and setting a new benchmark for healthcare in developing nations.

Asian Markets Dive Following Fed's Hawkish Stance

Major Asian stock markets, including Tokyo's Nikkei and Hong Kong's Hang Seng, plunged sharply after US Federal Reserve signals dashed hopes for imminent interest rate cuts, mirroring a significant sell-off on Wall Street.

Greece's €1.6bn Fight Against Population Decline

The Greek government unveils a radical €1.6 billion relief package featuring baby bonuses, tax breaks, and housing support to tackle its severe demographic decline and ageing population.

NS&I Slashes Premium Bonds Prize Fund Rate

NS&I has announced a cut to the Premium Bonds prize fund interest rate, reducing the odds of winning for millions of holders. Find out what this means for your savings.

US Jobs Market Cools in August as Hiring Slows

The latest US jobs report for August 2025 reveals a significant slowdown in hiring and a rise in unemployment, signalling a cooling labour market that could influence the Federal Reserve's next interest rate decision.

England's population hits record high as Wales sees decline

New official figures from the Office for National Statistics show England's population grew by nearly 300,000 in mid-2023, while Wales experienced its first annual decrease in nearly 50 years, highlighting a stark demographic divide across the UK.

London Summer Homicides Hit Historic Low

New figures reveal London's homicide rate plummeted during the summer months, with Mayor Sadiq Khan's violence reduction strategy showing significant success in tackling serious crime.

Major Lenders Slash UK Mortgage Rates to 7-Month Low

In a major boost for the UK housing market, leading lenders including Halifax and HSBC have cut mortgage rates to their lowest point since last summer, offering new hope for first-time buyers struggling to get on the property ladder.

UK Fertility Crisis: Birth Rates Hit Record Low

Exclusive analysis of ONS data shows England and Wales' fertility rate has plummeted to a historic low of 1.49 children per woman, far below replacement level. This demographic time bomb threatens to reshape our society, economy, and public services for g

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