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Bank of England expects budget will cut inflation by up to half a percentage point

Bank of England expects budget will cut inflation by up to half a percentage point

09.12.2025 21:04 | The Guardian World

In a boost for Rachel Reeves, deputy governor says analysis shows her policies will lower annual rate next year The Bank of England expects Rachel Reeves’s budget will reduce the UK’s headline inflation rate by as much as half a percentage point next year.In a boost for the chancellor after last month’s high-stakes tax and spending statement, Clare Lombardelli, a deputy governor at the central bank, said its early analysis showed the policies would lower the annual inflation rate by 0.4 to 0.5 percentage points for a year from mid-2026. Continue reading...

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