The central bank last cut its key rate in December
Starmer has said that generating economic growth is his government's central mission
Economists are split on whether a cut will follow in November
Bank of England seen as likely to keep rates steady
Bank holds rate at 4.25% amid Middle East tensions and global uncertainty
Jump in energy and water bills drives inflation to 3.5% in April
Strong services sector drove 0.7% Q1 rise in GDP
Cut to 4.25% comes even though the central bank expects a short-term rise in inflation
Treasury chief plans to boost defence spending while cutting welfare and hiking taxes
Policymakers signal gradual cuts ahead as inflation risks linger