Interest rate cut 'nailed on' after UK inflation falls
The Herald|October 17, 2024
A fall in UK inflation below the Bank of England's target rate of 2% "nails on" a cut in interest rates next month, economists have said.
Interest rate cut 'nailed on' after UK inflation falls

Yesterday, new official official figures showed that inflation dipped to its lowest level since April 2021, staking expectations that Bank of England ratesetters will reduce borrowing costs next month.

The Office for National Statistics (ONS) said Consumer Prices Index (CPI) inflation fell to 1.7% in September, from 2.2% in August.

The slowdown was driven by a sharp slump in petrol prices and lower airfares.

Inflation for the month was lower than expected, with analysts having predicted a reading of 1.9% for the month.

The September figure is used by the Government to decide a number of tax and spending changes for next year, and means some UK state benefits will rise by 1.7% next year.

この記事は The Herald の October 17, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Herald の October 17, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

THE HERALDのその他の記事すべて表示
MUDRYK: I'M INNOCENT!
The Herald

MUDRYK: I'M INNOCENT!

CHELSEA WINGER VOWS TO CLEAR NAME AFTER BANNED TEST

time-read
2 分  |
December 18, 2024
McMinn & Cook show their best qualities
The Herald

McMinn & Cook show their best qualities

JACK McMinn and Scott Cook produced one of the best games in Plymouth darting history in the Steve Chapman 501 League with no leg going beyond five visits to the board in a 3-2 win for the former.

time-read
5 分  |
December 18, 2024
Cooper and Randell show the benefit of a thriving Academy
The Herald

Cooper and Randell show the benefit of a thriving Academy

NEED any convincing about the importance of Plymouth Argyle’s new permanent academy home, Foulston Park, which is scheduled to open next year?

time-read
3 分  |
December 18, 2024
Big win for England in South Africa
The Herald

Big win for England in South Africa

ENGLAND skittled South Africa for just 64 as they powered to an emphatic 287-run win in the one-off Test in Bloemfontein.

time-read
1 min  |
December 18, 2024
Stokes will never hold himself back
The Herald

Stokes will never hold himself back

ENGLAND captain Ben Stokes promised there will be no “holding back” when he recovers from his latest injury problems, insisting he is ready to keep digging deep for his country.

time-read
2 分  |
December 18, 2024
A VERY BERRY CHRISTMAS...
The Herald

A VERY BERRY CHRISTMAS...

YOU won't find a more wholesome or delicious show on telly this Christmas.

time-read
1 min  |
December 18, 2024
The Herald

Does Santa need a reset starting with his diet?

DOUBLE TROUBLE FOR A FIRST TIME DAD OF TWINS

time-read
2 分  |
December 18, 2024
Demand for family fun leads to record revenues
The Herald

Demand for family fun leads to record revenues

HOLLYWOOD Bowl, the ten-pin bowling operator, has announced record revenue this year as Britons continue to enjoy competitive socialising venues.

time-read
2 分  |
December 18, 2024
Inflatable play business expands into Saltash
The Herald

Inflatable play business expands into Saltash

BOUNCY CASTLES, DINOSAUR ADVENTURES AND MUCH MORE TO KEEP KIDS HAPPY

time-read
2 分  |
December 18, 2024
Sibling eligibility payouts extended
The Herald

Sibling eligibility payouts extended

THE first few victims of the infected blood scandal have received their final compensation pay outs, the Government has said as it extended eligibility criteria for siblings to get compensation.

time-read
1 min  |
December 18, 2024