Bank of England slashed UK growth forecast

Bank of England humiliates Rachel Reeves with brutal downgrade to UK’s growth forecast
While the cutting of interest rates will have come as a relief to Rachel Reeves, the Bank's cut to growth predictions is a major blow.
Blow for Rachel Reeves as Bank of England DOWNGRADES growth forecast for UK economy despite interest rate cut
Chancellor Rachel Reeves has been dealt another blow to her fiscal agenda as the Bank of England has downgraded its growth forecast for the UK economy to 0.75 per cent. The central bank confirmed it has revised its prediction down from previous estimates of 1.
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Bank of England cuts interest rates to 4.5% and slashes UK growth forecast
The Bank says the UK economy will grow by 0.75% in 2025, down from a previous forecast of 1.5%, while inflation is expected to rise.
Bank of England gives hawkish warning as it cuts rates to 4.5%
In a blow to Chancellor of the Exchequer Rachel Reeves, the BOE warned that inflation will rise “quite sharply” to peak at 3.7% later this year, up from 2.8% in the last forecast.
Bank of England cuts interest rates to lowest level since May 2023
The Bank of England has cut the base rate of interest from 4.75% to 4.5%, the lowest level since May 2023. The Bank of England has confirmed interest rates have been cut from 4.75 per cent to 4.5 per cent, its lowest level in 18 months.
Interest rates live: Bank of England cuts interest rates to 4.5% but UK growth downgraded
Experts predict the Bank of England will cut the UK’s base interest rate, which currently sits at 4.75 per cent, to 4.5 per cent
Bank of England cuts rates and growth outlook, sees inflation 'bump'
The Bank of England cut interest rates by a quarter-point and some policymakers wanted a bigger move to offset a slowdown, but the BoE said it would be careful about further moves in the face of an expected inflation spike and global economic uncertainty.
Bank of England signals further easing after rate cut, slashes growth outlook
The Bank of England made its first interest rate cut of 2025 on Thursday amid ongoing concerns over sluggish growth in the British economy.
EWU: The Bank of England Cuts Rates To Support Growth, Downplays Inflation
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Bank of England Governor Andrew Bailey answers YOUR questions from Rachel Reeves’ Budget to Trump’s trade war
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
Rachel Reeves doesn't want you to realise one thing about interest rates drop
So although a cut in interest rates is welcome, Rachel Reeves should not benefit from a boost to the country's morale. Her ...
Gloomy growth forecast adds to Rachel Reeves’ woes
A gloomy growth forecast from the Bank of England has piled the pressure on Rachel Reeves ahead of a verdict from the Budget ...
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
The weak outlook underlines the challenge facing chancellor Rachel Reeves after she pledged that growth was the government’s number one mission. It raised fresh questions about the fiscal outlook, ...
Interest rates cut but growth downgraded heaping pressure on Chancellor Rachel Reeves
Chancellor Rachel Reeves has said she is “not satisfied” with the UK’s growth rate after the Bank of England downgraded the economy’s short-term prospects.
'New era of stagflation' and 'putrid' figures for Reeves
The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...