‘Time to worry about recession’ – Bank faces pressure to cut rates as economy shrinks

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The Bank of England's MPC will meet on Thursday. The Bank of England is coming under mounting pressure to give a shot in the arm to the ailing UK economy after fresh data revealed it suffered another ...

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The Bank of England is coming under mounting pressure to give a shot in the arm to the ailing UK economy after fresh data revealed it suffered another ...</p>\n\n<a href=\"https://www.cityam.com/its-time-to-worry-about-recession-bank-of-england-faces-pressure-to-chop-interest-rates-after-economy-shrinks/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>‘Time to worry about recession’ – Bank faces pressure to cut rates as economy shrinks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n‘Time to worry about recession’ – Bank faces pressure to cut rates as economy shrinks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-12 19:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/its-time-to-worry-about-recession-bank-of-england-faces-pressure-to-chop-interest-rates-after-economy-shrinks/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Bank of England's MPC will meet on Thursday. The Bank of England is coming under mounting pressure to give a shot in the arm to the ailing UK economy after fresh data revealed it suffered another ...</p>\n\n<a href=\"https://www.cityam.com/its-time-to-worry-about-recession-bank-of-england-faces-pressure-to-chop-interest-rates-after-economy-shrinks/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MPC","symbol_name":"马拉松原油","start_time":0,"source_url":"https://www.cityam.com/its-time-to-worry-about-recession-bank-of-england-faces-pressure-to-chop-interest-rates-after-economy-shrinks/","article_id":"2590090395","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/09/Bank-of-England.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/its-time-to-worry-about-recession-bank-of-england-faces-pressure-to-chop-interest-rates-after-economy-shrinks/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2590090395","pubTimestamp":1765539080,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"The Bank of England's MPC will meet on Thursday. The Bank of England is coming under mounting pressure to give a shot in the arm to the ailing UK economy after fresh data revealed it suffered another contraction in October.The central bank’s Monetary Policy Committee  will meet next Thursday where economists are pencilling a 25 basis point reduction to interest rates taking the base level to 3.75 per cent.Expectations of a cut follow the Office for National Statistics  revealing on Friday that the UK economy shrank 0.1 per cent in October. The contraction came as businesses hit pause on major investment plans amid fears they would be targeted for a hefty tax raid as Chancellor Rachel Reeves looked to balance public finances in her Autumn Budget.The figures dealt another major blow to the Labour government’s sluggish growth mission.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MPC":"马拉松原油","LU0266512127.USD":"摩根大通环球自然资源 A(acc)","LU0788109394.HKD":"BGF WORLD ENERGY \"A2\" (HKDHGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0456854461.SGD":"JPMorgan Funds - Global Natural Resources A (acc) SGD","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0266512473.USD":"JPM GLOBAL NATURAL RESOURCES \"C\" (USD) ACC","BK4588":"碎股","LU0368265418.SGD":"Blackrock World Energy Fund A2 SGD-H","BK4138":"石油与天然气的炼制和营销","LU0122376428.USD":"贝莱德世界能源基金A2","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC"},"translate_title":"“是时候担心经济衰退了”——随着经济萎缩，银行面临降息压力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MPC":1},"content_text":"The Bank of England's MPC will meet on Thursday. The Bank of England is coming under mounting pressure to give a shot in the arm to the ailing UK economy after fresh data revealed it suffered another contraction in October.The central bank’s Monetary Policy Committee (MPC) will meet next Thursday where economists are pencilling a 25 basis point reduction to interest rates taking the base level to 3.75 per cent.Expectations of a cut follow the Office for National Statistics (ONS) revealing on Friday that the UK economy shrank 0.1 per cent in October. The contraction came as businesses hit pause on major investment plans amid fears they would be targeted for a hefty tax raid as Chancellor Rachel Reeves looked to balance public finances in her Autumn Budget.The figures dealt another major blow to the Labour government’s sluggish growth mission.\n\nIn September, the economy contracted 0.1 per cent after manufacturing output was hammered by Jaguar Land Rover hitting pause on production following its £1.9bn cyber attack.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPhilip Shaw, chief economist at Investec, said the continued weakness in the economy will “put further pressure on the MPC to lower interest rates by a further 25 basis points at its final meeting of the year next week.”‘The UK is not currently a place that consumers or businesses want to spend money’Analysts have pointed to the chaos on the road to the Labour government’s second Autumn Budget as hampering growth.Richard Hunter, head of markets at interactive investor, said: “The 0.1 per cent increase which had been expected simply did not materialise and was not helped by a high level of uncertainty around the Budget and its stultifying actions.”","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2590090395","isCrawlerRequest":true}