The Bank of England must contend with a slowdown in Britain's economy but also stubborn inflation pressures when it considers whether to cut interest rates in early February as well as its message about the outlook for the rest of the year.

As the Bank of England scrambles to unwind the disastrous effects of quantitative easing, the hidden costs of this policy are becoming clear, says Damian Pudner Quantitative easing (QE) has long been the Bank of England’s monetary policy nuclear option.

Goldman Sachs has issued a new forecast that UK interest rates would fall from the current figure of 4.75 percent to 3.25 percent by spring of 2026.

Markets are greatly underestimating the likelihood that the Bank of England will need to speed up the pace of interest rate cuts, Goldman Sachs has argued. They forecast that UK interest rates could drop to 3.

The Bank of England will cut interest rates four times this year to support a flat-lining economy, economists polled by Reuters said, but they added that risks to inflation are to the upside, suggesting policymakers may end up doing less.

Newest policy-committee member recommends taking out ‘a little insurance’ amid signs of weakening demand in a fragile economy.

Markets are significantly underestimating the chance that the Bank of England will have to step up the pace of cutting interest rates.

Alan Taylor, the most recently appointed member of the Bank's monetary policy committee (MPC) said the UK is 'in the last half mile on inflation' and called for a pre-emptive cut

Trump Treasury Secretary Pick Scott Bessent once worked with George Soros, placing trades that bet against the pound, profiting more than $1 billion when the pound fell in value.

The Bank of England’s regulatory arm set out a string of ideas that could meet the government’s call to boost economic growth, including a new “concierge service” for foreign firms entering the UK market and streamlining the process for creating new rules.

Mark Carney was the first non-British person to become governor of the Bank of England in its more than 300-year history when he took the job in 2013. He had previously worked at the investment bank Goldman Sachs, and served as the governor of the Bank of Canada, the country's central bank.

The fall in the headline rate of inflation from 2.6 percent to 2.5 percent was unexpected and positive news for the Chancellor Rachel Reeves.