UK Industry Professional Says Bank of England will Opt for Interest Rate Cut Next Month, Two Further Cuts in 2025

Yael Selfin, Chief Economist at KPMG UK noted that the rise in pay growth expected to be short lived as labour market “faces headwinds.” Yael Selfin from KPMG UK added that while unemployment rose to 4.4%, it remained “fairly low in the three months to November.”... Read More