Why December’s inflation surprise is not a moment to panic January 17, 2024 How worrying are December's inflation figures for the Bank of England? And what does it mean for when interest rates will start being cut?
Inflation picks up to surprise four per cent on higher tobacco prices January 17, 2024 The figures come just a day after new data showed that wage pressures had eased significantly in the second half of last year.
How will the Bank of England change its approach on interest rates after wage growth falls again? January 16, 2024 Annual wage growth of 6.5 per cent may still sound like a lot, but a look underneath the hood suggests that wage growth is slowing fast.
Bailey: Household finances ‘nowhere near as stressed’ as during financial crisis January 10, 2024 Bailey pointed to a couple of mitigating factors which had protected households from the rise in interest rates.
Banks at risk from exposure to ‘opaque’ private equity sector, regulator warns January 9, 2024 Benjamin, who will be joining the Bank of England's Financial Policy Committee (FPC), noted that UK businesses now get as much funding from the non-bank sector as from traditional lenders.
Job hunters still set for pay hikes despite ‘looser’ job market: new data January 8, 2024 According to KPMG and REC’s UK report on jobs, the pool of labour continued to "rise sharply" in December thanks to muted hiring activity and increasing redundancies.
Bank of England must start thinking about cutting rates, says former chief economist January 7, 2024 While Haldane suggested it "might be premature" to start cutting interest rates immediately, he cautioned against any further rate increases.
Inflation easing – but wage growth still a threat, Bank of England panel warns January 4, 2024 The figures suggest that the surprisingly fast progress on bringing inflation down to the two per cent target still has further to run.
Consumers keep borrowing to spend despite higher interest rates data shows January 4, 2024 The data suggests that, so far, households are weathering the pressure from higher interest rates.
Why Deutsche Bank reckons the UK economy will avoid a recession in 2024 January 3, 2024 The UK economy outperformed all expectations in 2023, but it was hardly a vintage year. Here are some reasons why 2024 might be better.