Strong wage growth as Bank of England mulls interest rate decision
- The Bank of England is expected to keep the main interest rate at 4.50% due to rising inflation, which is above target at 3%.
- British Prime Minister Keir Starmer is seeking a modest trade deal with the U.S. To avoid significant tariffs on U.K. Imports during this economic downturn.
- Critics argue that Treasury Chief Rachel Reeves has contributed to the negative economic outlook since Labour took power, having increased taxes and been overly pessimistic, according to The Associated Press.
Insights by Ground AI
Does this summary seem wrong?
29 Articles
29 Articles
All
Left
3
Center
9
Right
1
UK jobs market steadies with BoE set to keep rates steady
The pace of British pay growth was little changed and there were others signs of stability in the jobs market, according to official data published shortly before the Bank of England was expected to keep interest rates on hold.
·Ireland
Read Full ArticleUK wage growth little changed, official statistics show
The pace of British pay growth was little changed in the three months to January, according to official data published shortly before the Bank of England was expected to keep interest rates on hold as it assesses inflation pressures in the economy.
·United Kingdom
Read Full ArticleCoverage Details
Total News Sources29
Leaning Left3Leaning Right1Center9Last UpdatedBias Distribution69% Center
Bias Distribution
- 69% of the sources are Center
69% Center
L 23%
C 69%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage