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The Latest Breaking News from Andrew Goodwin

Interest rates live updates: Bank of England base rate cut to help slash mortgage bills

Inflation fell below the Bank of England’s 2% target in September for the first time in three years

The Independent UK

Bank of England’s interest rate decision on a knife-edge, economists say

Economists are split over whether the Bank’s policymakers will decide it is the right time to reduce rates on Thursday.

Evening Standard

City traders up bets on Bank of England cutting interest rates in May

June is still seen as most likely, but a cut at the Bank of England’s very next meeting is now seen as a possibility

Evening Standard

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Bank of England Contemplates Earlier Interest Rate Cut Amidst Forecasts of Decreasing Inflation

Three prominent forecasters, including Oxford Economics consultancy, Investec, and Deutsche Bank, have revised their outlook for inflation in 2024.

International Business Times UK

Inflation is on the wane, but a longed-for sharp drop is far from in the bag

Energy bills and a tight labour market continue to cloud predictions of a steep decline by the end of the year

The Guardian - UK

Coronation Gives Tourism Boost, but UK Economy Still Reeling

Kelly Curto is taking her first trip outside the US, and the die-hard fan of the British royal family is making it the one at the top of her bucket list — heading to London for King Charles III's coronation. After arriving on May 5, the 44-year-old school bus driver…

Asharq Al-Awsat

Coronation gives tourism boost, but UK economy still reeling

The coronation of King Charles III is luring royal fans fascinated by the pageantry, spectacle and drama of the monarchy and far-flung visitors eager to experience a piece of British history

The Independent UK

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Truss’s premiership ‘will be defined by response to cost-of-living crisis’

As Liz Truss grapples with the economic situation, planned measures may be postponed or cancelled, and others may be introduced, experts suggested.

The Independent UK

Treasury gamble on households spending their pandemic savings to survive the cost of living crisis

Exclusive: Government has withheld financial support for squeezed households, thinking they could rely on savings, Whitehall sources say

People

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