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Stagnation warning as incoming BoE chief brands Britain s economy weak

Sarah Breeden, incoming Bank of England deputy governor, said the economy is weak in absolute terms , with GDP just a little ahead of where it had been before the pandemic.

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Interest rates storm is coming as Halifax mortgage rate higher than Big Six average | Personal Finance | Finance

While core inflation remains sticky at 6.9 percent, analysts predict the Bank of England could raise the Base Rate as high as six percent.

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Mortgage choice falls as deals are pulled - market anticipates another Base Rate hike | Personal Finance | Finance

The number of mortgage deals on offer has fallen from 5,385 to 5,012 since last week.

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