Pressure eases on Bank to cut rates as UK economy improves
(The Guardian Business News)

January´s stronger PMI data means Bank of England is more likely to hold rates next week The British economy performed more strongly than expected in January, according to figures released on Friday, raising the likelihood that the Bank of England will hold interest rates next week.In the clearest signal so far of a boost for the economy since Boris Johnson´s decisive election victory last month, the latest snapshot from IHS Markit and the Chartered Institute of Procurement and Supply (Cips) showed a decisive change of direction for the private sector economy at the start of 2020. Continue reading...