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2025January › 15

Bank

1 years ago

Bank expected to set out details of lay-offs which include 163 roles in England and Wales as part of branch-sharing move
Data provides some relief for chancellor Rachel Reeves and clears path for Bank of England to press ahead with rate cut
The headline CPI rate slipped to 2.5 per cent in December from 2.6 per cent the previous month, with core inflation also slowing.
The slower rate eases pressure on chancellor Rachel Reeves, but is still above the Bank of England's 2% target.
The slower rate means inflation is still above the Bank of England's 2% target.

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