Bank rate remains unchanged at 5.25%
BoE MPC vote to maintain current rate by 6-3.
UK wage growth slows, job market stalls
Despite slowdown, wage growth still outpaces inflation.
UK economy contracts more than anticipated in October
Higher interest rates and severe weather blamed for economic downturn.
House prices expected to dip by 1% in 2024
Rightmove advises sellers to be mindful of pricing strategies.
UK economy faces stagnation until 2025
Multiple challenges contributing to subdued growth.