Wage growth is expected to fall by 1.5 percentage points over the next 12 months according to the Bank of England, strengthening the case for rate cuts this summer. Daily Express :: City and Business Feed
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Interest rate cuts likely after business’ cost inflation tumbles to 40-month low
Inflation across the private sector eased last month to its lowest level since January 2021 new data shows, paving the way for Bank of England rate cuts this summer. Daily Express :: City and Business Feed
Read More »Bank increases interest rate on Cash ISA to 4.8% and earns ‘excellent’ rating
The new ISA interest rate is an “attractive” deal, maintaining a “prominent” position in the market. Daily Express :: Finance Feed
Read More »Popular family hatchback named most likely to fail next MOT, with a 56 percent pass rate
According to a new study, owners of a popular French supermini are most likely to fail their next MOT, with other well-known small cars also at risk. Daily Express :: Cars Feed
Read More »Bank raises interest rate on savings account to 5.15% and earns ‘excellent’ rating
The new savings rate now “takes a competitive position” in the market, an expert said. Daily Express :: Finance Feed
Read More »Huge easyJet flight sale announced for 2025 – be quick to get ‘cheapest possible’ rate
Martin Lewis has issued a travel alert for easyJet customers, with the Money Saving Expert saying the airline’s 2025 flights will be launching tomorrow morning. Daily Express :: Travel Feed
Read More »Big pay rises risk toppling the BoE’s interest rate balancing act
No one should overlook that the biggest enemy is inflation, which currently stands at 3.2% when average earnings rose by 6% in the year to April. Daily Express :: City and Business Feed
Read More »Base rate cuts on cards as UK exits recession
Britain is set to exit recession on Friday, when the Office for National Statistics is expected to say that gross domestic product grew by 0.4% during the first quarter. Daily Express :: City and Business Feed
Read More »Virgin Money launches new 10% interest rate deal on current accounts
Britons have until the end of May to make the most of Virgin Money’s offer. Daily Express :: Finance Feed
Read More »U.S. Federal Reserve holds interest rate, saying it will take ‘longer than expected’ to start cutting
The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but that cuts could be delayed as recent inflation numbers have strayed further from its two per cent target. CBC | World News
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