Signs of returning UK inflation give Bank of England interest rate dilemma
Flash PMI signals average prices charged by UK private sector firms are rising at fastest pace in 18 monthsBusiness live – latest updatesThe Bank of England is facing a dilemma amid signs of returning inflationary pressures even as businesses cut jobs at the fastest rate in four years in the wake of Rachel Reeves’s autumn budget.Before a crunch interest rate decision on 6 February, an influential business survey showed economic growth picked up slightly at the start of 2025 led by Britain’s dominant service sector. Continue reading...
Flash PMI signals average prices charged by UK private sector firms are rising at fastest pace in 18 months
The Bank of England is facing a dilemma amid signs of returning inflationary pressures even as businesses cut jobs at the fastest rate in four years in the wake of Rachel Reeves’s autumn budget.
Before a crunch interest rate decision on 6 February, an influential business survey showed economic growth picked up slightly at the start of 2025 led by Britain’s dominant service sector. Continue reading...
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