Mortgage lenders predict strong growth could mean a 'further base rate cut next month has all but disappeared'.

15th May 2025
Mortgage lenders predict strong growth could mean a 'further base rate cut next month has all but disappeared'.
UK GDP grew 0.5% month-on-month in February, following a 0.1% fall in January
GDP had been expected to rise 0.1% month-on-month.
Economists were upbeat about the better-than-forecast GDP figures for Q4, but warned that the UK economy is not out of the woods yet.
UK GDP has increased for the first time in three months.
How will the latest figures affect the path of Bank Rate?
Monthly GDP fell by 0.1% in September, with quarterly growth slowing to 0.1%.
Following two successive months of stagnation, the UK economy grew by 0.2% in August according to this morning's figures from the Office for National Statistics.
UK GDP showed no month-on-month growth for the second month running in July.
GDP grew by 0.6% in the second quarter of this year.