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Stories published on May 22
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  • Stories published on May 22

Wednesday, May 22

21

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Bank of England will cut interest rates in August, says Goldman Sachs

www.telegraph.co.uk

Interest rates will be cut in August, according to major investment banks, even after inflation came in higher than expected last month.

Halifax reduces mortgage prices despite inflation dashing June Bank of England rate cut hopes

www.standard.co.uk

Halifax announced that it will cut selected mortgage rates for movers and first-time buyers by up to 0.19 percentage points

16

Morrisons late May bank holiday opening times - supermarket issues update to shoppers

www.mirror.co.uk

Morrisons has confirmed that on bank holiday Monday, May 27, shops in England and Wales will open under slightly different trading hours - here is everything you need to know

15

Bank of England – Revised BoE Call – Hot Service Inflation Spells Trouble

www.actionforex.com

On the back of continued strong inflationary pressures in the service sector, as evident in the April inflation print, we revise our BoE call. We now expect the first 25bp cut in August (prev. June). We expect quarterly cuts from August…

Inflation setback complicates Bank of England’s next rates decision

www.ft.com

Price rises in critical indicator of services sector slipped only marginally in April

POLL: Should Bank of England cut interest rates now inflation is at 2.3%? Vote now

www.express.co.uk

The UK's inflation rate is now rising close to the Government-set target - is now the time for the Bank of England to finally cut interest rates? Vote now.

14

13

UK inflation falls to 2.3%, lowest level in nearly 3 years but still above Bank of England's target

www.independent.co.uk

Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills

09

UK inflation falls to 2.3%, lowest level in nearly 3 years but still above Bank of England’s target

kvia.com

By PAN PYLAS Associated Press LONDON (AP) — Inflation in the U.K. fell sharply to its lowest level in nearly three years in April on the back of big declines in domestic bills. The Office for National Statistics said Wednesday that…

U.K. Inflation Closes In on Bank of England Target as Rate Cuts Near

www.wsj.com

The U.K.’s consumer prices were 2.3% higher in April, nearing the Bank of England’s target and opening the way for a rate cut in the coming months, although prices of services continued to rise at a pace that will concern policymakers.

Blow to interest rate cut hopes as inflation remains above Bank of England target

www.standard.co.uk

The sharp fall in the Consumer Prices Index was driven by the lower energy price cap an lower food bills

Inflation falls to 2.3% as it edges closer to Bank of England target - what it means for you

www.mirror.co.uk

The Consumer Price Index (CPI) is the main measure of inflation and it shows how the prices of goods and services have changed over time - and today's level is the closest it has been to the Bank of England's target of 2% in three years

Tuesday, May 21

23

We can only hope sluggish Andrew Bailey is awake now IMF says Bank of England must cut interest rates rapidly

www.thesun.co.uk

Doom & boom; THE IMF is wrong far too often now for its forecasts to be taken too seriously.

We can only hope sluggish Andrew Bailey is awake now IMF says Bank of England must cut interest rates rapidly

www.the-sun.com

Doom & boom; THE IMF is wrong far too often now for its forecasts to be taken too seriously.

20

Cost of living eases as inflation set to fall close to Bank of England target

The forecast raises hopes of a cut in interest rates by the Bank of England