The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...
The International Monetary Fund has revealed that Nigeria’s Gross Domestic Product per capita declined to $835.49 in 2025 from $877.07 in 2024, indicating a 4.74 per cent dip.
The Bank of England has halved its 2025 growth forecast and cut interest rates by a quarter-point to 4.5%. In a blow to UK chancellor Rachel Reeves, the BoE said it now expected t ...