Bank of England Holds Steady Amid Tax Raid Fears
Update: 2025-09-18
Description
Brace yourself: The Bank of England is holding steady amidst fears of a looming tax raid that's spooking businesses and stalling investments. Inflation remains stubbornly high, and despite calls for rate cuts, the Bank is proceeding with caution. But there's a glimmer of hope – Chancellor Reeves is hinting at cost-cutting measures for households, and the Bank is easing up on bond sales. Will it be enough to calm the markets and revive the economy? All eyes are on the upcoming Budget.
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