Ewan Potts
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In London, I'm Ewan Potts, Bloomberg Radio.
Just one of 32 economists in Bloomberg's survey expects a rate cut today.
The overwhelming consensus is that the UK's base rate will remain unchanged at 3.75%.
Ahead of the 12pm announcement, rate-setters will be weighing the contradictory problems of above-target inflation and growing concerns about the labour market, with unemployment now above 5%.
But on productivity, there could finally be some good news.
Speaking to Bloomberg, some analysts say that headline productivity estimates may be masking a recent resurgence driven by the adoption of artificial intelligence.
One economist from UBS Wealth Management saying the UK and global economy are likely in better shape than the media would have us believe.
In London, I'm Ewan Potts, Bloomberg Radio.
Just one of 32 economists in Bloomberg's survey expects a rate cut today.
The overwhelming consensus is that the UK's base rate will remain unchanged at 3.75%.
Ahead of the 12pm announcement, rate-setters will be weighing the contradictory problems of above-target inflation and growing concerns about the labour market with unemployment now above 5%.
But on productivity, there could finally be some good news.
Speaking to Bloomberg, some analysts say that headline productivity estimates may be masking a recent resurgence driven by the adoption of artificial intelligence.
One economist from UBS Wealth Management saying the UK and global economy are likely in better shape than the media would have us believe.
In London, I'm Ewan Potts, Bloomberg Radio.
Keir Starmer says he was elected in 2024 with a landslide majority to deliver change for the country.
Speaking in our Downing Street interview, the Prime Minister made clear he has a personal five-year mandate.
Despite some recent polls putting Labour behind the Conservatives as well as Reform UK, Starmer told us he'll be judged at the end of that period on the issues that matter to working people.
The Prime Minister's comments to Bloomberg come as the BBC reports around 50 Labour MPs have signed a letter objecting to the decision blocking Manchester Mayor Andy Burnham for standing for Parliament.
In London, I'm Ewan Potts, Bloomberg Radio.