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The Latest Breaking News from MPC

Interest rates 'to be cut within weeks' as weak GDP figures deal new blow to Labour Chancellor Rachel Reeves

The Bank of England’s Monetary Policy Committee is expected to cut interest rates in early February

Evening Standard

Marathon Petroleum’s Q4 2024 Earnings: What to Expect

Marathon Petroleum is set to unveil its fourth-quarter earnings in the upcoming month, due to the narrowing market crack spreads analysts expect a massive drop in earnings.

Barchart

Making the VFX of Mufasa: The Lion King has been "very personal" - how the 1994 movie, Unreal Engine and pride in the craft brought the prequel to life

MPC's Audrey Ferrara explains why this one mattered.

Creative Bloq

From analysis to the latest developments in health,
read the most diverse news in one place.

The 5 best movies of 2024 for VFX

From Dune to Alien Romulus and Wicked, it was great year for CGI in movies.

Creative Bloq

Bank of England holds interest rates at 4.75% but says UK economy stagnating

The Bank’s Monetary Policy Committee said it was keeping rates unchanged on Thursday following a divided vote among policymakers.

Evening Standard

Inflation fears trump growth concerns among Bank of England’s MPC members

Investors are betting on just one more rates cut this year, which could bring stagnation, undermining government efforts to drive the economy forward

The Guardian - UK

Bank of England holds interest rates amid 'economic uncertainty' after Labour Budget

THE Bank of England has held interest rates at 4.75 as it cautioned over “heightened uncertainty in the economy” following the UK Budget and US…

The National (Scotland)

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UK interest rates held at 4.75% amid ‘heightened economic uncertainty’

The Bank of England said it was keeping rates unchanged on Thursday after cutting the level in August and again in November.

Evening Standard

Bank of England warns economy will stagnate after Budget

Bleak forecast comes at Bank leaves interest rates on hold

Evening Standard

UK businesses cutting staff at fastest rate since 2021 after budget

Companies responding to national insurance rise by reducing hiring, survey finds

The Guardian - UK

Marathon Petroleum Stock: Is MPC Underperforming the Energy Sector?

Marathon Petroleum has underperformed the energy sector over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

Marathon Petroleum Stock: Analyst Estimates & Ratings

Although Marathon Petroleum has lagged behind the broader market over the past year, analysts maintain a moderately positive outlook for the stock's future prospects.

Barchart

UK’s jump in inflation lays bare the risks ahead for Labour

Rate cut unlikely until 2025 as energy prices blamed for stronger-than-expected inflation of 2.3%

The Guardian - UK

Retailers are right to warn of job cuts after Reeves budget, says Andrew Bailey

Bank of England governor says number of roles could shrink by more than 50,000 after rise in employer NICs

The Guardian - UK

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Evening Standard

Bank of England policymaker pledges to ‘move big’ when ready to cut rates

Catherine Mann, an economist and member of the Bank’s Monetary Policy Committee, has not yet opted to reduce rates.

Evening Standard

London unemployment jumps to its highest rate in more than three years

The jobless rate has been rising more quickly in London than in other regions over recent months

Evening Standard

Bank says ‘gradual approach’ to interest rate cuts needed after Budget

Andrew Bailey said it would ‘help us to observe’ how the tax measures would play out for the economy.

The Guardian - UK

Bank of England’s rate caution overshadowed by Trump victory

Monetary policy committee is warier about pace of policy easing following Rachel Reeves’ budget

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news in one place.

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The Independent UK

Bank of England cuts interest rates as borrowing costs to fall ‘gradually’

The Bank’s Monetary Policy Committee announced that rates were being reduced from 5% to 4.75% on Thursday.

The Guardian - UK

Bank of England cuts interest rates by 0.25 points to 4.75%

Borrowing costs reduced for second time this year with Fed expected to cut US rates later on Thursday

The Independent UK

Interest rates live updates: Bank of England base rate cut to help slash mortgage bills

Inflation fell below the Bank of England’s 2% target in September for the first time in three years

The Guardian - UK

City analysts overwhelmingly predict Bank of England interest rate cut

Rare agreement among forecasters gives 96% chance of today’s MPC meeting cutting borrowing costs to 4.75%

Evening Standard

FTSE 100 Live 01 November: Markets calmer after sell-off, Reckitt Benckiser shares jump

Borrowing costs continue to be in focus after a rocky week for markets on both sides of the Atlantic.

The Guardian - UK

Number of UK mortgage approvals at highest level since 2022 mini-budget

Bank of England figures show fourth monthly increase in a row as September approvals rise by 700 to 65,600

The Guardian - UK

UK interest rates to fall to 2.75% by next autumn, Goldman Sachs predicts

Economists at investment bank say markets are underestimating likely extent of action by Bank of England

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