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City A.M. • Jul 11, 2025
Bank of England interest rate cut ‘almost certain’ after poor growth
The recent decline in economic activity has increased expectations that the central bank may reduce borrowing costs soon to support financial stability and encourage economic expan...
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City A.M. • Jul 11, 2025
Rachel Reeves risks ‘serious damage’ with tax hikes, OBR member warns
A member of the Office for Budget Responsibility cautioned that increasing taxes amid weak economic performance could negatively impact financial stability and hinder recovery effo...
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