Respite for embattled Rachel Reeves as inflation dips to 2.5% - sparking hopes Bank of England can cut interest rates to jump-start the stalled economy

found 2025 › Jan › 15 (Wed) @ 10:39 UTC

a story from The Daily Mail › The Daily Mail

The headline CPI rate slipped to 2.5 per cent in December from 2.6 per cent the previous month, with core inflation also slowing.

UK inflation unexpectedly dips to 2.5% in December

found 2025 › Jan › 15 (Wed) @ 10:39 UTC

a story from BBC › BBC News

The slower rate eases pressure on chancellor Rachel Reeves, but is still above the Bank of England's 2% target.

Surprise fall in UK inflation to 2.5% eases pressure on Rachel Reeves

found 2025 › Jan › 15 (Wed) @ 07:07 UTC

a story from The Guardian › International

ONS data shows CPI below reading of 2.6% in November, meaning prices rose at a slower rate

UK inflation unexpectedly fell in December, handing some breathing space to the chancellor, Rachel Reeves, af…

Keir Starmer is right to gamble on an AI revolution, but it might not pay out in time | Rafael Behr

found 2025 › Jan › 15 (Wed) @ 07:07 UTC

a story from The Guardian › International

The cash to match the prime minister’s ambition will have to come from other budgets long before any benefits are seen

Keir Starmer made two predictions at the start of his week. He said that artifici…

You must be joking! Rachel Reeves laughs off Tory fury at market meltdown in Commons clashes... as she hints at emergency spending cuts to deal with spiking debt costs and stalling economy

found 2025 › Jan › 15 (Wed) @ 05:55 UTC

a story from The Daily Mail › The Daily Mail

Rachel Reeves was berated for leaving Britain in a 'mess' as she faced the Commons after returning from her controversial trip to China.

QUENTIN LETTS from Westminster: The Tories talked of Shakespearean tragedy - but Rachel Reeves is an amazingly bad actor for a politician as she was quizzed over the markets meltdown

found 2025 › Jan › 15 (Wed) @ 05:55 UTC

a story from The Daily Mail › The Daily Mail

No longer mistress of all she surveys, no longer empress of the horizon, Rachel Reeves crouched on the Commons front bench with a knot of her closest supporters. Six fretful souls at a bus stop.

One Lame duck down! Tulip Siddiq resigns as City minister over Mail's 'corruption' probe revelations just 24 hours after Keir Starmer backed Labour MP - as pressure grows on crisis-hit Rachel Reeves after markets meltdown

found 2025 › Jan › 15 (Wed) @ 05:55 UTC

a story from The Daily Mail › The Daily Mail

It came 26 days after the Mail revealed she was facing a major corruption probe in Bangladesh.

Rachel Reeves' £25 billion National Insurance raid could force two-thirds of major retailers to hike prices, damning survey reveals

found 2025 › Jan › 15 (Wed) @ 05:55 UTC

a story from The Daily Mail › The Daily Mail

The new findings from the British Retail Consortium (BRC) lay bare the dire impact of Rachel Reeves's Budget on the high street and the cost of living.

Bank of England holds interest rate at 4.75% but warns of UK stagnation risk

found 2024 › Dec › 19 (Thu) @ 13:30 UTC

a story from The Guardian › International

Central bank downgrades growth forecast amid threat from budget fallout, rising inflation and Trump trade tariffs

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The Bank of England has kept UK interest rates unchang…

Germany and France are in crisis – is the next global financial crash brewing? | Larry Elliott

found 2024 › Dec › 19 (Thu) @ 10:22 UTC

a story from The Guardian › International

The eurozone’s flaws and a lack of growth in the EU have combined to malign effect. ‘More Europe’ is not the solution

Things are not quite going according to plan for Rachel Reeves. The economy has co…