Bank's MPC voted in favour of reducing current interest rate by 25bps in decision expected by markets
MPC meeting on interest rates to take place on 19 December
Chancellor will give accompanying statement to parliament on 26 March 2025
After no growth in June and July
Labour party's annual conference
Remains at the BoE’s target level
Starmer succeeds Rishi Sunak as prime minister
ONS GDP growth data revised from initial estimate of 0.6%