Shoppers cut back in March, with data likely to increase pressure on Bank of England over interest rates Business live – latest updates Retail sales in Great Britain unexpectedly stalled in ...
Andrew Bailey says inflation is in line with BoE forecasts but view of markets is that data will delay interest rate cuts Analysis: Sunak hopes of pre-election rate cuts frustrated The governo...
https://www.theguardian.com/business/2024/apr/17/uk-inflation-falls-bank-of-england-interest-rates
Shift in rate reduction predictions to autumn hits prime minister’s strategy of winning back mortgage payers UK inflation falls by less than forecast to 3.2%, cooling rate cut hopes When the...
Many low-income nations are having to spend more on interest payments than vital sustainability goals. That needs to change Blighted by the effects of global heating, beset by food insecurity a...
Pay growth is stronger than expected, underlining dilemma over when to cut interest rates Rising unemployment points to worrying signs for UK economy The number of people out of work rose by m...
Former US Fed boss Ben Bernanke criticises failure to admit mistakes and change course Do better: Bernanke gets strict with Bank of England The Bank of England’s recent record of forecasting...
Report by former US Federal Reserve boss reveals faulty economic model and reluctance to admit mistakes Bank forecasts undermined by out-of-date-methods, report finds The Bank of England has g...
Kristalina Georgieva also cautions of danger of ‘tepid twenties’ – a decade of sluggish economic growth Business live – latest updates UK politics – latest updates The world’s lea...
Poll indicates prices stabilised in March as new property listings and buyer interest increased House prices across the UK are expected to return to growth within the next 12 months after an in...
Risk of declining consumption, house price falls and defaults as tighter policy finally has impact Business live – latest updates The high proportion of UK homeowners on fixed-rate mortgages...
Economic upticks are welcome but they won’t help the chancellor’s chances of retaining his seat Some chancellors are sacked. Some are forced to resign. Some exchange the green benches of th...
Drop in March leaves average price of home at £288,430, says Halifax UK house prices fell in March for the first time in six months as more costly mortgage deals and continued uncertainty abou...
Senior policymaker says UK central bank is unlikely to move before US Federal Reserve Business live – latest updates A senior Bank of England policymaker has warned that financial markets ar...
https://www.theguardian.com/business/2024/mar/26/bank-of-england-catherine-mann-interest-rate-cuts
Prime minister has ruled out May election but households face high prices for sometime to come There had been feverish speculation it would be this week. The drive to Buckingham Palace, police ...
Comments come after MPC spoke of ‘encouraging signs’ of falling inflation that could lead to cuts Business live – latest updates The governor of the Bank of England has said interest rat...
UK central bank faces criticism for keeping Bank Rate at 5.25% after a shock rate cut in Switzerland and a hike in Turkey today Full story: Bank of England keeps interest rates on hold at 5.25% ...
Rates remain at 5.25%, but inflation heading towards 2% all-but guarantees a welcome cut – and relief for Rishi Sunak Business live – latest updates The Bank of England is inching closer t...
Bank’s survey finds expectation of 4.5% base rate by end of 2024 amid ‘encouraging signs’ on inflation Bank of England policymakers signalled at least three interest rates cuts this year ...
https://www.theguardian.com/business/2024/mar/21/bank-of-england-keeps-interest-rates-on-hold-at-525
Decline in consumer prices index reading to more than two-year low adds to speculation of summer interest rate cut The fight against UK inflation is being won – but when will interest rates be ...
Prices are still going up but the tide has turned, raising expectations the Bank of England may cut rates in response UK inflation falls to 3.4% in February to lowest level for two and a half yea...
https://www.theguardian.com/business/2024/mar/20/uk-inflation-interest-rates-cut-bank-of-england