17th September 2025 Paul Dales, chief UK economist at Capital Economics, said: “We think the upside inflation risks are just too high for the Bank of England to cut interest rates [on Thursday] or, more significantly, at the following meeting in November.” View article
UK economy grew 0.1% in May Paul Dales, chief UK economist at the consultancy Capital Economics, said May’s modest expansion was “not a bad welcome gift” for the incoming prime minister, suggesting “that the economy has been... 16th July 2026 · Financial Times
UK inflation unexpectedly holds steady at 2.8% in May Paul Dales, chief UK economist at the consultancy Capital Economics, said the figures would “give the Bank of England more confidence that it doesn’t need to raise interest rates tomorrow, or at all”. 18th June 2026 · Financial Times
UK business activity fell for first time in more than a year in May Paul Dales, economist at Capital Economics, said the May PMI was the third dataset in three days that suggested “the Bank of England does not need to rush to raise interest rates”. 22nd May 2026 · Financial Times
