Bank of England, wage growth

Bank of England still on track to cut interest rates despite surging wages
"Pay growth went up, but actually not quite as much as we were expecting," Andrew Bailey said at an event in Brussels.
Bank of England cuts interest rate as it happened: Base rate falls to 4.5%; economic growth forecast also reduced
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK chancellor Rachel Reeves, the BoE said it now expected the economy to grow by 0.75 per cent this year, half its November forecast of 1.5 per cent.
Bank of England halves UK growth projection and cuts main interest rate to 4.50%
The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target.
Bank of England cuts interest rates to 4.5%
The Bank of England has cut interest rates to 4.5%, down from 4.75%. That means the interest rate is at its lowest level since June 2023, meaning the cost of borrowing has fallen to its lowest point in more than 18 months.
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates
Bank of England cuts main interest rate by quarter-point to 4.50% as British economy stagnates. 24/7 coverage of breaking news and live events
Inflation rise unlikely to shift Bank of England's stance on interest rates
Weak economic growth should weigh on wages, taking the heat out of price pressures. That is the Bank of England's reading of the situation - but the last few years have shown us that the "inflation tiger" can be an unpredictable beast.
Bank of England Cut Rates Again, Sterling Falls
LONDON (Reuters) - The Bank of England cut interest rates by a quarter of a percentage point on Thursday, judging a sharp upward revision to its inflation forecasts for this year will prove temporary.
UK inflation spikes to a 10-month high, likely to worry the Bank of England
Inflation in the U.K. rose to a 10-month high in January, an increase that will likely diminish expectations of rapid interest rate reductions from the Bank of England.
Blow to Bank of England rate cut hopes but boost for workers as wage growth accelerates
Fresh data showing a continued acceleration in wage growth and surprise strength in the labour market has further complicated the Bank of England's path for interest rate cuts.
Bank of England policymakers speak after rate cut, weaker growth forecast
The Bank of England cut interest rates on Thursday as it halved its growth outlook for this year and said a jump in inflation will prove temporary.
Inflation jumps to 10-month high, knocking chance of early interest rate cut
Inflation jumps to 10-month high, knocking chance of early interest rate cut - Consumer Prices Index (CPI) inflation rose to ...
MercoPress11m
UK January inflation climbs to 3%; Bank of England anticipates ‘bumpy road’ ahead
The UK rate of inflation reached 3% in January, from 2.5% in December, higher than forecasts and with the Bank of England ...
Wall Street Journal13d
Bank of England Cuts Rates, Warns of Tariff Impact
The Bank of England cut its key interest rate Thursday, a response to a troubling mix of stuttering economic growth ...