'A rate reduction means an improvement to the economic situation'
Up to two cuts expected before year-end
Consumer Duty has led platforms to improve fee communication
Services inflation in decline while gas and energy price impact seen
'Welcome relief for borrowers, the road remains tough for savers and retirees'
Professional services firms among tens of thousands at risk of insolvency
'The MPC would not want to be perceived as politicking'
'Advisers are there to guide their clients through continued volatility'
The monetary policy committee will have its next meeting on 20 June
Remains unlikely rates will fall close to or below inflation in 2024