Interest Rates

BoE cuts interest rates to 4.25%

The Bank of England (BoE) has cut interest rates to 4.25%, down from the previous rate of 4.5%, marking the…

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BoE holds interest rates at 4.5%

The Bank of England (BoE) has voted to hold interest rates at 4.5%, having cut the rate last month to…

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Hospitality sales slip 1.3% in January

Sales at Britain’s leading restaurant, pub and bar groups fell by 1.3% year-on-year in January, according to data from CGA.…

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BoE cuts interest rates to 4.5%

The Bank of England (BoE) has voted to cut interest rates from 4.75% to 4.5%, the lowest level since June…

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Comptoir sees revenues rise 9.5% to £34.5m

Comptoir Group, the owner and operator of Lebanese, Middle Eastern and North African inspired restaurants has reported a 9.5% increase…

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Today’s news in brief – 20/12/24

Drake and Morgan reported that turnover rose 5% to £45.5m for the year to 31 March. Alongside this, the company’s…

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UKH disappointed in BoE decision to hold interest rates

UKHospitality has expressed disappointment in the Bank of England’s decision to hold interest rates at 4.75%, which came after a…

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BoE holds interest rates at 4.75%

The Bank of England (BoE) has voted to hold interest rates at 4.75%, following a recent hike in both inflation…

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Inflation hits eight-month high of 2.6% in November

Inflation has risen for the second month in a row, rising to 2.6% in November, up from 2.3% the previous…

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UKH welcomes ‘short-term’ fix of interest rates cut

UKHospitality has welcomed the Bank of England’s interest rates cut from 5% to 4.75%, saying it is “positive news in…

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