Economics Daily

BOE Case for a Rate Cut Is Looking Strong

Inflation and jobs data support a reduction, but it’s all down to Governor Andrew Bailey

An entrance to the Bank of England in the City of London, on Monday, Dec. 15, 2025. Photographer: Jason Alden/Bloomberg

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By Craig Stirling and Tom Rees

December 17, 2025 at 12:00 PM UTC

This article is for subscribers only.

I’m Craig Stirling, a senior editor in Frankfurt. Today, I’m looking at Tom Rees’s reporting on the Bank of England. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.

The case for a UK rate cut is looking ever more persuasive, and still the Bank of England decision this week isn’t yet quite a done deal.