Bailey: ‘Far too early’ to talk about cutting interest rates despite ‘welcome news’ on inflation November 21, 2023 Andrew Bailey, governor of the Bank of England, stressed that it is still "far too early" to consider interest rate cuts despite the recent "welcome news" on inflation.
Bank of England rate cuts should be underway by August, economists predict November 20, 2023 Some 79 per cent of the 19 experts surveyed believe that the central bank will have started cutting or begin to cut interest rates by August next year.
One man, two guvnors: Why markets and MPs both have a say on Hunt’s Autumn Statement November 19, 2023 Whatever fiscal headroom Hunt is granted will be relatively small compared to recent chancellors
Government announces new £2.5bn programme to tackle long-term sickness November 16, 2023 Since the pandemic the number of people inactive in the UK due to long-term sickness or disability has risen by almost half a million to a record high of 2.6m.
Bank of England finds no evidence of greedflation among UK firms November 16, 2023 Firms in the UK and the EU have not been using the cover of inflation to gouge their customers, new research from the Bank of England suggests.
Bank of England’s Greene says she’s ‘not thinking’ about rate cuts despite ‘good news’ on inflation November 16, 2023 A rate-setter at the Bank of England has said that she is "not thinking" about cutting rates despite a sharp fall in inflation yesterday.
Why long-term sickness will be on Hunt’s agenda in the Autumn statement November 16, 2023 Chancellor Jeremy Hunt is expected to announce new measures to boost participation in the workforce in next week's Autumn statement in a bid to address the rise of long-term sickness .
Let’s be honest, inflation is down and the Bank of England could create a recession November 16, 2023 The Bank of England is now at risk of overcorrecting after ignoring monetary policy for far too long, writes Matthew Lesh
Earning £50,000 a year? Your tax bill is set for a £2,000 hike November 15, 2023 According to research from interactive investor, people earning £50,000 a year will pay an additional £1,967 by 2027 compared to if the tax thresholds had risen in line with inflation.
Eurozone posts robust recovery — but forecast notes EU economy has ‘lost momentum’ November 15, 2023 In its new Autumn forecast, the Commission predicted that the currency union would grow 0.6 per cent in 2023, a downgrade on its previous forecast of 0.8 per cent.
