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UK Prime Minister Starmer's Chief of Staff Sue Gray Resigns

Guardian

Sue Gray resigns as Keir Starmer’s chief of staff

Bank of England

Oxford Economics

Centre for Economics and Business Research

Andrew Bailey

National Institute of Economic and Social Research

Dave Ramsden

ING Bank

Citigroup

Pantheon Macroeconomics

Sanjay Raja

Office for Budget Responsibility

When Will Inflation Reach the Bank of England’s 2% Target?

Mel Stride

Bim Afolami

The Vanguard Group

Sarah Breeden

OECD

Jonathan Haskel

Huw Pill

Catherine Mann

Capital Economics

Ben Broadbent

Adam Posen

"I think cuts are a long way off.”

"The MPC's [Monetary Policy Committee's] latest projections indicate that monetary policy is likely to need to be restrictive for an extended period of time."

“[T]he Bank of England will need to keep interest rates higher for longer.”

"It is likely that we'll need to cut bank rates in the coming quarters, possibly more so than is currently priced into markets."

"It's not unreasonable to believe that through the summer... bank rate [cuts] will come under consideration."

"[I]t's possible Bank Rate could be cut some time over the summer."

"We foresee a first rate cut in August, with total cuts of 1 percentage point in 2024."

"We think slowing wage growth and inflation will trigger a rate cut in August."

"We think a June rate cut is growing more likely but is far from guaranteed."

We think "the first interest rate cut from the Bank of England will happen in June this year rather than in November... [and] rates will be reduced from 5.25% now to 3.00% in 2025."

"[W]e expect interest rates to start falling in May of this year and reach 4.5 per cent by the end of 2024."

When Will the Bank of England Cut Interest Rates?

Rishi Sunak

YouGov

John Curtice

Rhun ap Iorwerth

The Canary

Suella Braverman

The Economist

Luke Tryl

David Wallace-Wells

Ed Balls

John Rentoul

Humza Yousaf

Peter Kellner

Peter Kyle

Tim Bale

Chris Hopkins

Andrew Neil

Emily Sheffield

Metaculus

Who Will Win the 2024 UK General Election?

Sue Gray has stepped down as Prime Minister Sir Keir Starmer's chief of staff, and will be replaced by the Prime Minister's chief adviser and former Labour election campaign leader Morgan McSweeney.

BBC News

Gray claimed in a statement that she was to stand down as chief of staff as "intense commentary" about her role "risked becoming a distraction" for the UK Government. Downing Street has confirmed that Gray will now take up the role of "envoy for the regions and nations."

UK: Sue Gray Removed as Downing Street Chief of Staff

UK: Sue Gray Removed as Downing Street Chief of Staff

The Controversies

Haskel

England

Posen

Bailey

Pill

Broadbent

Group

Afolami

Bank

Economics

Research

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UK: Sue Gray Removed as Downing Street Chief of Staff

UK: Sue Gray Removed as Downing Street Chief of Staff

The Controversies

Haskel

England

Posen

Bailey

Pill

Broadbent

Group

Afolami

Bank

Economics

Research

Articles on this story

Sign Up for Our Free NewslettersSign Up for Our Free Newsletters

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