Decision was widely expected in the City but will disappoint mortgage holders and businesses saddled with high levels of debt.
As the government makes growth its top priority, one critical lever risks being overlooked: monetary policy. Ministers are ...
In ‘Rethinking Monetary Policy’, I argue that the Bank of England’s 30-year-old commitment to inflation targeting is no ...
The Bank of England is likely to keep interest rates on hold on Thursday and stick to its mantra of only gradual moves ahead as it grapples with the fallout from U.S. President Donald Trump's trade ...
The Bank of England has left itself the option to “skip” an interest rate cut later this year, economists have said, after ...
Union boss Fran Heathcote, general secretary of the Public and Commercial Services union, has warned Rachel Reeves against ...
As the chart below shows, although the initial shock of the pandemic was substantial, its effect on the global economy was less pronounced than previous epidemic or pandemic episodes or ...
The UK Debt Management Office announced today that it would issue £299.2bn of Gilts in its new financial year starting on ...
British mortgage approvals cooled to a six-month low in February ahead of a rise in transaction taxes on many house purchases ...
The Bank of Canada cut its key interest ... “The interest-rate response is not going to look like COVID, it’s not going to look like 2008. We signalled today that we’re going to have to ...