UK inflation slowed sharply to 3.2% in November, undershooting forecasts and driving the FTSE 100 to its strongest session since May as rate cut bets firmed.

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Sterling rises after UK economic data, US figures in focus

Sterling rose against the euro and the dollar on Tuesday after recent losses, as UK data left expectations for a Bank of England rate cut unchanged and traders shifted focus to U.S. figures due later ...

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FTSE 100 LIVE: Stocks jump as investors eye interest rate decisions and economic data

The FTSE 100 (^FTSE) and European stocks rose sharply on Monday, kicking off a busy week of interest rate decisions and economic data releases. The Bank of England (BoE) is set to announce its latest ...

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Bank of England set to cut rates to 3.75% as economic data eases inflation concerns

The Bank of England is poised to cut its benchmark interest rate by another quarter point to 3.75 per cent this week, as rising unemployment and the UK’s stagnating economy ease concerns about ...

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UK economy contracts by 0.1% in October

The UK economy shrank by 0.1 per cent in October, in a slowdown that analysts and the UK statistics agency linked to concerns about Rachel Reeves’ tax-raising Budget. The figures published on Friday ...

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