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UK confidence signs grow as Bank of England nears rate decision

British households grew more confident about their finances and a measure of house prices rose by a record amount for January, according to surveys which added to other signs of a brightening mood in the economy since last month’s election.

UK confidence signs grow as Bank of England nears rate decision
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UK confidence signs grow
  • Shared by Reuters
  • January 21, 2020
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Ten days before the Bank of England decides whether to cut interest rates, the surveys published on Monday suggested that some of the uncertainty that has weighed on the economy has lifted after Prime Minister Boris Johnson’s big election win.

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