Reeves to unveil plans for radical payments shake-up
Tuesday, 12 November 2024 The government is to unveil plans for a shake-up of Britain's payments infrastructure which will involve the Bank of England being given a more powerful role overseeing it.
There is growing speculation of a pick up in the pace of Bank of England interest rate cuts as the outlook for the UK economy darkens, with fresh data suggesting.. Sky News
Financial markets have priced in a 100% chance of a Bank of England interest rate cut next month, as the effects of Donald Trump's evolving trade war continue to.. Sky News
Former Bank of England policymaker Michael Saunders welcomed March’s lower inflation but warned it may be short-lived. He said rising energy bills, tax hikes, and fallout from US trade tensions could push UK inflation above 3% next month, while also slowing growth, investment and potentially increasing unemployment later this year. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Bank of England has kept interest rates on hold at 4.5%, warning that US President Donald Trump's trade war has intensified global economic uncertainty. The Bank says there are indications an increasing number of companies plan to let workers go when national insurance contributions rise next month, which Governor Andrew Bailey says is a cause for concern. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England expected to pause rate cuts despite contracting output
Policymakers find themselves in a tight spot ahead of Thursday’s rate decision, with growth remaining sluggish and inflation stubborn.
READ MORE : http://www.euronews.com/2025/03/18/bank-of-england-expected-to-pause-rate-cuts-despite-contracting-output
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
Credit: euronews (in English) Duration: 04:34Published
Tuesday, 12 November 2024
The government is to unveil plans for a shake-up of Britain's payments infrastructure which will involve the Bank of England being given a more powerful role overseeing it.
![Ex-BoE member warns inflation set to rise again [Video]](https://video.newsserve.net/300/v/20250416/1408262272-Ex-BoE-member-warns-inflation-set-to-rise.jpg)
![Bank of England: NI rise could see companies shed workers [Video]](https://video.newsserve.net/300/v/20250320/1405707208-Bank-of-England-NI-rise-could-see-companies.jpg)
![Bank of England expected to pause rate cuts despite contracting output [Video]](https://video.newsserve.net/300/v/20250318/1405379250-Bank-of-England-expected-to-pause-rate-cuts.jpg)
