Bank of England faces bumpier road after inflation accelerates
Tough route also awaits Rachel Reeves as households reel from sharp increase in living costs UK inflation jumps to 3% Business live – latest updates Andrew Bailey had warned there would be a bump in the road. But after inflation jumped by more than expected to 3% in
Read MoreStrong wage growth gives Bank of England interest rate dilemma
Quick cuts unlikely because persistently high pay rises will probably be deemed inflationary UK pay growth rises 6% despite job loss warnings after Reeves’s budget Business live – latest updates There was a brief period when the Bank of England was poised to cut interest rates and cut
Read MoreUK pay growth rises 6% despite job loss warnings after Reeves’s budget
Unemployment rate unchanged in three months to December, while vacancies increased in January Business live – latest updates The pay of UK workers grew sharply in December and unemployment remained unchanged despite warnings from business that Rachel Reeves’s autumn budget would lead to job losses. Figures from the
Read MoreUK economy grows by 0.1% in unexpected boost for Rachel Reeves
ONS data showing British national output rose in final quarter of 2024 confounds forecasts of 0.1% decline Britain has avoided a recession after the economy unexpectedly picked up in the final three months of 2024, easing some of the pressure on Rachel Reeves after flatlining during the summer.
Read MoreUK economy on course for 1.5% expansion, NIESR predicts
Thinktank cautions Trump tariffs could blow hole in forecast, with 63% of UK firms exporting to US expecting to be hit The British economy is on course to expand by 1.5% this year after the budget gave a boost to public spending but could be blown off course
Read MoreAndrew Bailey warns against watering down City regulations in pursuit of growth
Bank of England governor says there is ‘no trade-off’ between economic growth and financial stability The governor of the Bank of England has warned against watering down City regulations introduced after the 2008 banking crash, saying there was “no trade-off” between economic growth and financial stability. In a
Read MoreWhat Happens to Student Loans if the Education Dept. Closes?
Students at the University of California, Berkeley. The Education Department lends tens of billions of dollars to students and parents each year and oversees the collection of outstanding loans. Ron LieberSource
Read MoreObamacare Could See Big Changes in 2026
A proposed rule would restrict “eligibility, enrollment and affordability” in plans under the Affordable Care Act, health policy analysts say. Ann CarrnsSource
Read MorePocketGuard App Review for 2025
Tommy Tindall writes for NerdWallet. Email: ttindall@nerdwallet.com. The article PocketGuard App Review for 2025 originally appeared on NerdWallet. Tommy TindallSource
Read MoreUnited Credit Cards Unveil Major Changes: Higher Fees, More Perks
Sara Rathner writes for NerdWallet. Email: srathner@nerdwallet.com. The article United Credit Cards Unveil Major Changes: Higher Fees, More Perks originally appeared on NerdWallet. Sara RathnerSource
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