Bank of England under pressure to cut interest rates after Inflation drops to two-year low

The Independent's Morning Headlines email ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     [The Independent](~/AAAHagA~/RgRnZoUkP0QvaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvP2xpZD12dzdqMTVuNWEwejJXBXNwY2V1QgplfSQAhGX2aJMwUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAyM~) Thursday, December 21, 2023   ~/AAAHagA~/RgRnZoUkP0QuaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWs_bGlkPWx0YTU5dXZxanY2NFcFc3BjZXVCCmV9JACEZfZokzBSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAADIw~~ ~/AAAHagA~/RgRnZoUkP0QuaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWs_bGlkPWt0b3BxYmJsNGgwMFcFc3BjZXVCCmV9JACEZfZokzBSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAADIw~~ 1/ [Bank of England under pressure to cut interest rates after Inflation drops to two-year low](~/AAAHagA~/RgRnZoUkP0RzaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy91ay9wb2xpdGljcy9iYW5rLWVuZ2xhbmQtaW50ZXJlc3QtcmF0ZXMtaW5mbGF0aW9uLWIyNDY3MjM2Lmh0bWw_bGlkPW1oOHV6MzM4em10dVcFc3BjZXVCCmV9JACEZfZokzBSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAADIw~~)~/AAAHagA~/RgRnZoUkP0RyaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy91ay9ob21lLW5ld3MvY2hyaXN0bWFzLWFwcGVhbC16YXJhY2gtYmVkLXBvdmVydHktYjI0NjY1MzUuaHRtbD9saWQ9ajFjeml5bnV2Z2M3VwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj ~/AAAHagA~/RgRnZoUkP0RzaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy91ay9wb2xpdGljcy9iYW5rLWVuZ2xhbmQtaW50ZXJlc3QtcmF0ZXMtaW5mbGF0aW9uLWIyNDY3MjM2Lmh0bWw_bGlkPTB3MnNyc2w4YWNsMFcFc3BjZXVCCmV9JACEZfZokzBSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAADIw~~ The[Bank of England](~/AAAHagA~/RgRnZoUkP0R5aHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvYnVzaW5lc3MvYmFuay1vZi1lbmdsYW5kLWtlZXBzLWludGVyZXN0LXJhdGVzLWF0LTE1eWVhci1oaWdoLWIyNDYzOTk0Lmh0bWw_bGlkPWg1eGZ2cG1veXFqdlcFc3BjZXVCCmV9JACEZfZokzBSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAADIw~~) is under mounting pressure to cut interest rates to help homeowners after a surprise fall in inflation gave consumers “an early Christmas present”. Falling petrol prices helped curb inflation to 3.9 per cent, the lowest rate in two years and well below [Rishi Sunak’s target of 5 per cent](~/AAAHagA~/RgRnZoUkP0SBaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvYnVzaW5lc3MvYmFuay1vZi1lbmdsYW5kLWhvbGRzLWludGVyZXN0LXJhdGVzLWF0LTE1eWVhci1oaWdoLW9mLTUtMjUtYjI0NjQwOTEuaHRtbD9saWQ9anVvamlzcXdobnp0VwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj) by the end of the year. But leading economists told The Independent that although “the bulge has made its way through the snake”, much of the “low hanging fruit” has been picked – and the central bank will struggle to reach its longstanding target of 2 per cent. They also warned that many homeowners coming off fixed rates now face “a very different world”, while Britain’s slowing economy and higher mortgage costs mean living standards will “remain pretty desperate”. [Read the full story here](~/AAAHagA~/RgRnZoUkP0RzaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy91ay9wb2xpdGljcy9iYW5rLWVuZ2xhbmQtaW50ZXJlc3QtcmF0ZXMtaW5mbGF0aW9uLWIyNDY3MjM2Lmh0bWw_bGlkPW04cDQxMDJ2MzNmc1cFc3BjZXVCCmV9JACEZfZokzBSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAADIw~~)   ~/AAAHagA~/RgRnZoUkP0RzaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy91ay9wb2xpdGljcy90cmFucy1ndWlkYW5jZS1zY2hvb2xzLXByb25vdW5zLXN1bmFrLWIyNDY2NTAyLmh0bWw_bGlkPWI0cXlkdDdkb3RzdlcFc3BjZXVCCmV9JACEZfZokzBSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAADIw~~ 2/ [How serial killer-obsessed girl plotted Brianna Ghey’s brutal 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winds](~/AAAHagA~/RgRnZoUkP0RyaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvd2VhdGhlci93ZWF0aGVyLXdhcm5pbmdzLXN0b3JtLXBpYS1tZXQtb2ZmaWNlLWZsaWdodHMtYjI0Njc2MzEuaHRtbD9saWQ9endvcXF4ZnhkZXZkVwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj)~/AAAHagA~/RgRnZoUkP0R8aHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy93b3JsZC9taWRkbGUtZWFzdC91bnNjLXZvdGUtdXMtZ2F6YS1jZWFzZWZpcmUtaXNyYWVsLWhhbWFzLWIyNDY3MDAyLmh0bWw_bGlkPXpibzNkcDlobXJqN1cFc3BjZXVCCmV9JACEZfZokzBSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAADIw~~~/AAAHagA~/RgRnZoUkP0RyaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy91ay9ob21lLW5ld3MvYmliYnktc3RvY2tob2xtLWRlYXRoLXBvbGljZS1kb3JzZXQtYjI0NjI2OTcuaHRtbD9saWQ9eXhzcXFhMTRodXZnVwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj A weather warning set to come into place at midnight tonight says travel disruption ahead of Christmas is likely ~/AAAHagA~/RgRnZoUkP0RyaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy93b3JsZC9taWRkbGUtZWFzdC9pZGYtZG9nLWdvLXByby1pc3JhZWxpLWhvc3RhZ2UtYjI0Njc0MTUuaHRtbD9saWQ9eGhkMm9hY2p5MHk2VwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj 5/ [Israeli hostages killed by own military filmed days before shooting](~/AAAHagA~/RgRnZoUkP0RyaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy93b3JsZC9taWRkbGUtZWFzdC9pZGYtZG9nLWdvLXByby1pc3JhZWxpLWhvc3RhZ2UtYjI0Njc0MTUuaHRtbD9saWQ9cTR1M2tiaW9td292VwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj)~/AAAHagA~/RgRnZoUkP0R3aHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy93b3JsZC9hbWVyaWNhcy9lcHN0ZWluLW1heHdlbGwtZ2l1ZmZyZS1uYW1lcy11bnNlYWxlZC1iMjQ2NjcyNS5odG1sP2xpZD1zdG5xcDdpeDU3aHFXBXNwY2V1QgplfSQAhGX2aJMwUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAyM~ The video was not found until two days ago when the body of the canine was retrieved   THE BIG QUESTION ~/AAAHagA~/RgRnZoUkP0RuaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbGlmZS1zdHlsZS9ldG9uLXByaW5jZS1nZW9yZ2UtbWFybGJvcm91Z2gtY29sbGVnZS1iMjQ2Njc4NC5odG1sP2xpZD15NzBjYXBjMmNrM2NXBXNwY2V1QgplfSQAhGX2aJMwUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAyM~ [How did Eton become the ultimate four-letter word not fit for a king?](~/AAAHagA~/RgRnZoUkP0RuaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbGlmZS1zdHlsZS9ldG9uLXByaW5jZS1nZW9yZ2UtbWFybGJvcm91Z2gtY29sbGVnZS1iMjQ2Njc4NC5odG1sP2xpZD1ydnppcTJtZG5mMmZXBXNwY2V1QgplfSQAhGX2aJMwUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAyM~) As the Prince and Princess of Wales consider sending George to Marlborough, ex-Etonian Guy Walters considers the reputation of his (and William’s) old school and whether, for good or bad, it is really deserved. [Read the full story here](~/AAAHagA~/RgRnZoUkP0RuaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbGlmZS1zdHlsZS9ldG9uLXByaW5jZS1nZW9yZ2UtbWFybGJvcm91Z2gtY29sbGVnZS1iMjQ2Njc4NC5odG1sP2xpZD1sanZnanY0aWw2djNXBXNwY2V1QgplfSQAhGX2aJMwUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAyM~)   Watch / [Mary Earps reacts to emotional messages from teammates at Sports Personality of the Year ceremony](~/AAAHagA~/RgRnZoUkP0RvaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvdHYvc3BvcnQvbWFyeS1lYXJwcy1zcG9ydHMtcGVyc29uYWxpdHktb2YtdGhlLXllYXItYjI0NjY4NzkuaHRtbD9saWQ9cXgxZzNpaGp1MzFzVwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj) ~/AAAHagA~/RgRnZoUkP0RvaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvdHYvc3BvcnQvbWFyeS1lYXJwcy1zcG9ydHMtcGVyc29uYWxpdHktb2YtdGhlLXllYXItYjI0NjY4NzkuaHRtbD9saWQ9OGhtemhiMmZwNmk0VwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj The Independent Debate The Independent Debate [Should Michelle Mone be expelled from Lords following PPE scandal?](~/AAAHagA~/RgRnZoUkP0RvaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvdWsvcG9saXRpY3MvbWljaGVsbGUtbW9uZS1iYXJyZWQtbG9yZHMtcHBlLXNjYW5kYWwtYjI0NjU5MzUuaHRtbD9saWQ9a203NnVzbHNqeTE1VwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj) She absolutely should go, but then on the same token Sunak should go for the multiple times he's given contracts to companies that happen to benefit his wife's investments. Pretty much everyone else who used the "VIP Lane" needs some forensic accounting work on them as well (Hancock especially.)     Mike     Mike           An apology after being caught, denying involvement and threatening legal action is not an apology it’s a hollow rouse to deflect and hardly a convincing sign of contrition. An apology that was followed by a statement that she did nothing wrong!     ArcticFox     ArcticFox           [Share your opinion and read the full debate here.](~/AAAHagA~/RgRnZoUkP0RvaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvdWsvcG9saXRpY3MvbWljaGVsbGUtbW9uZS1iYXJyZWQtbG9yZHMtcHBlLXNjYW5kYWwtYjI0NjU5MzUuaHRtbD9saWQ9ODN6aW9va2JjbHF4VwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj) NUMBER OF THE DAY 170 The identities of more than 170 of [Jeffrey Epstein](~/AAAHagA~/RgRnZoUkP0REaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvdG9waWMvamVmZnJleS1lcHN0ZWluP2xpZD1zam8zOGVtNmRxcGtXBXNwY2V1QgplfSQAhGX2aJMwUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAyM~)’s associates are due to be revealed in the coming weeks after a New York judge [ordered a trove of secret documents be unsealed](~/AAAHagA~/RgRnZoUkP0R_aHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy93b3JsZC9hbWVyaWNhcy9jcmltZS9qZWZmcmV5LWVwc3RlaW4taXNsYW5kLWdoaXNsYWluZS1tYXh3ZWxsLWIyNDY0MjY3Lmh0bWw_bGlkPXp2MTVvY2kzMHc4ZlcFc3BjZXVCCmV9JACEZfZokzBSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAADIw~~). [Read more](~/AAAHagA~/RgRnZoUkP0R3aHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvbmV3cy93b3JsZC9hbWVyaWNhcy9lcHN0ZWluLW1heHdlbGwtZ2l1ZmZyZS1uYW1lcy11bnNlYWxlZC1iMjQ2NjcyNS5odG1sP2xpZD0zcWg4OWRjNDlkemNXBXNwY2V1QgplfSQAhGX2aJMwUht0cmlzdHJhbWJhbGR3aW45MEBnbWFpbC5jb21YBAAAAyM~) QUOTE OF THE DAY "Yes, Brexit is harming Britain – but there’s much more damage to come.” – This week, all hopes of a US-UK trade deal were abandoned. Next month, food imports from the EU will be subject to cumbersome new border checks. So much for a Brexiteer happy new year, writes Dominic Grieve. [Read more](~/AAAHagA~/RgRnZoUkP0RvaHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvdm9pY2VzL2JyZXhpdC11cy10cmFkZS1kZWFsLWJpZGVuLWV1LWJvcmRlci1jaGVja3MtYjI0NjcxMDkuaHRtbD9saWQ9cjc3bjRsY2hiOHFzVwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj) ~/AAAHagA~/RgRnZoUkP0Q8aHR0cHM6Ly93d3cuaW5kZXBlbmRlbnQuY28udWsvc3Vic2NyaWJlL2FwcD9saWQ9eGpueWpwYmU0dWF2VwVzcGNldUIKZX0kAIRl9miTMFIbdHJpc3RyYW1iYWxkd2luOTBAZ21haWwuY29tWAQAAAMj ~/AAAHagA~/RgRnZoUkP0Q9aHR0cHM6Ly9pbmRlcGVuZGVudC5vbmVsaW5rLm1lL25vNXgvZDI1ZTc0Y2M_bGlkPTI2MngzbmY0dzJ6MVcFc3BjZXVCCmV9JACEZfZokzBSG3RyaXN0cmFtYmFsZHdpbjkwQGdtYWlsLmNvbVgEAAADIw~~ OTHER STORIES YOU MIGHT LIKE [Tooth hurts: Why are people turning on invisible dental 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