Bank of England governor backs British Retail Consortium on jobs warning over budget
Tuesday, 19 November 2024 The Bank of England governor has said industry lobby group the British Retail Consortium (BRC) was right to warn of job losses as a result of the budget.
Businesses have cut jobs at the fastest pace in almost four years, according to a closely-watched Bank of England survey which also paints a worrying picture for.. Sky News
Bank of England governor Andrew Bailey says cutting the interest rate from 4.25% to 4% was a "finely balanced decision". Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England governor Andrew Bailey says there is "genuine uncertainty about the course of the direction" of interest rates, despite today's cut and his belief that the path will continue downwards. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Bank of England governor Andrew Bailey announces an interest rate cut from 4.25% to 4%, adding that inflation is expected to hit 4% in September. Report by Brooksl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Tuesday, 19 November 2024
The Bank of England governor has said industry lobby group the British Retail Consortium (BRC) was right to warn of job losses as a result of the budget.
![Bailey: Interest rate cut was a finely balanced decision [Video]](https://video.newsserve.net/300/v/20250807/1418888786-Bailey-Interest-rate-cut-was-finely-balanced.jpg)
![Bailey: Uncertainty about path of future interest rates [Video]](https://video.newsserve.net/300/v/20250807/1418872204-Bailey-Uncertainty-about-path-of-future-interest-rates.jpg)
![Bank of England cuts interest rate to 4% [Video]](https://video.newsserve.net/300/v/20250807/1418868092-Bank-of-England-cuts-interest-rate-to.jpg)
