Bank of England

25 basis points cut confirmed on Thursday

'Continued progress' on disinflation

Analysts argue conditions 'appear ripe' for a rate cut in November

Up to two cuts expected before year-end

Services inflation in decline while gas and energy price impact seen

'Welcome relief for borrowers, the road remains tough for savers and retirees'

UK inflation remains at the BoE’s target level, ONS says

'The MPC would not want to be perceived as politicking'

Data shows a 2% year-on-year fall ‘in line with consensus expectations’

Challenges PM's claims 'the economy has turned a corner'