Inflation, Interest rates, Bank of England, Economics, Business, UK news Business | The Guardian
Survey signals private sector firms charging higher prices and cutting jobs at fastest rate since 2009 bar pandemicBusiness live – latest updatesThe Bank of England is facing a dilemma amid signs of returning inflationary pressures even as businesses cut jobs at the fastest rate in four years in the wake of Rachel Reeves’s autumn budget.Before a crunch interest rate decision on 6 February, an influential business survey showed economic growth picked up slightly at the start of 2025 led by Britain’s dominant service sector. Continue reading…
Survey signals private sector firms charging higher prices and cutting jobs at fastest rate since 2009 bar pandemic
The Bank of England is facing a dilemma amid signs of returning inflationary pressures even as businesses cut jobs at the fastest rate in four years in the wake of Rachel Reeves’s autumn budget.
Before a crunch interest rate decision on 6 February, an influential business survey showed economic growth picked up slightly at the start of 2025 led by Britain’s dominant service sector.
