Monthly insolvencies tick up again as firms feel the brunt of the Bank of England’s interest rate hikes February 16, 2024 According to figures from the Insolvency Service, there were 1,769 company insolvencies in January, five per cent higher than in the same period last year driven by an increase in forced closures.
Weird Barbie should provide some unlikely inspiration for the Bank of England July 28, 2023 Weird Barbie would break up the groupthink of the Bank of England economists.
Bank of England survey: Wage growth expectations ease in boost for interest rate cut hopes April 4, 2024 Persistent wage growth has been a major concern for the Bank as it considers when to start lowering interest rates.
Prime minister ‘should be able to fire’ Bank of England governor: Top Tory October 2, 2023 The Prime Minister of the day “should be able to fire the governor of the Bank of England”, Lord David Frost has said.
Bank of England’s bond sales a ‘leap into the dark’, warn MPs – with £130bn of taxpayers’ cash in play February 7, 2024 The Bank of England's quantitative tightening programme is a "leap in the dark" with policymakers failing to consider the potential costs.
Bank of England rate-setter Haskel: Interest rate cuts are still ‘a long way off’ March 28, 2024 "Although the fall in headline inflation is very good news, it is not informative about what we really care about: what we really care about is the persistent and the underlying inflation," Haskel told the Financial Times.
Bank of England to cut interest rates to three per cent in 2025 after inflation drops March 25, 2024 Interest rates could fall to as low as three per cent in 2025 as the Bank of England slashes the cost of borrowing in response to lower inflation.
Bank of England holds interest rates despite some policymakers voting for further hikes December 14, 2023 The Bank of England has left interest rates on hold at 5.25 per cent for the third time in a row. The move was in line with economists' expectations.
Bank of England holds interest rates again but Bailey says ‘things are moving in the right direction’ March 21, 2024 The Bank of England voted to leave interest rates on hold for the fifth consecutive meeting.
Wage growth cools slightly giving Bank of England space to hold interest rate December 12, 2023 Annual wages grew 7.3 per cent in the three months to the end of October, a slight fall on the month before and a figure which will give the Bank of England more freedom to hold interest rates later this week. The readout is slightly lower than consensus of 7.4 per cent and some way [...]