Will the Bank of England save the day? It’s an odd question, recent history considered. Threadneedle Street has been playing a long game of catch-up: hiking rates far too late to curb the inflation ...
Rachel Reeves makes a lot of her time working as an economist. After serving in a trio of junior positions at the Bank of ...
A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...
Rachel Reeves has suffered another blow in her bid to boost tepid economic growth after the Bank of England played down the idea of a big interest rate cut later this year. At such a critical moment ...
US stocks traded lower after fresh data showed the economy added 143,000 jobs in January, fewer than the 175,000 expected by ...
Despite her audacious tax raids, an absence of ‘growth, growth, growth’ and, now, the prospect of stagflation, the chancellor ...
Keir Starmer is gathering his Cabinet for a crisis meeting as the threat of 'Stagflation' rises. The special meeting with ...
Rachel Reeves promised businesses time and time again before the election that she was on their side. As part of her Mais ...
And the Daily Mail hails the news as a “new era of stagflation” for Britain. The i paper writes Ms Reeves may have to raise ...
The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...
THE Bank of England yesterday lowered interest rates from 4.75 per cent to 4.5, while halving its growth forecasts amid fears ...
Suren Thiru, ICAEW Economics Director, said: 'This decision confirms that UK interest rates are firmly locked onto a downward ...