Economists had largely expected this rate cut due to the UK’s poor growth data in recent times. In the July to September quarter (Q3) in the UK, the economy showed no growth, underperforming even the ...

Andrew Bailey says he is a "very strong supporter" of the growth agenda, saying potential growth rates in the UK have been low since the 2009 financial crisis.

Chancellor Rachel Reeves has said she is “not satisfied” with the UK’s growth rate after the Bank of England downgraded the economy’s short-term prospects. The Bank’s Monetary Policy ...

The Bank of England has cut interest rates to 4.5%, but painted a gloomy picture for the UK economy by halving its growth forecast for this year and predicting a surge in inflation. Policymakers ...

Forecasts for economic growth in 2026 and 2027 were nudged up to 1.5 per cent from 1.25 per cent. The forecasts were based on market expectations for a slower pace of rate cuts than in November ...

In other words, the maximum effective rate of withdrawal under the new formula pursuant to the Fiscal Enactments (Amendment) Act No.2 of 2024, has practically remained the same as it was under the old ...

Geminis will capitalize on opportunities using their creativity and problem-solving skills, and Leos will benefit from stability and growth through their analytical abilities and emotional ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term ...