bank of england

Inflation Has Fallen, But Experts Say The Risk Of Recession Has Risen

Rising interest rates are still a problem.
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Interest Rates Just Went Up, Again. But When Will They Go Down?

The Bank of England increased interest rates to 5.25%, up from 5%.
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Wait, Does The UK Now Want To 'Force' A Recession?

As the Bank of England is again poised to hike interest rates to get inflation under control, extreme measures are being proposed.
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Rishi Sunak Says He's 'Completely Confident' Of Beating Inflation

Prime minister says he feels a "deep moral responsibility” to get inflation under control as price growth stays stubbornly high.
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So, Why Exactly Is Inflation Higher In Britain Than In The US And Europe?

The UK faces unique challenges, such as Brexit, while critics think the Bank of England was too slow to act with interest rate hikes.
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Jeremy Hunt Rules Out Government Help For Mortgages As Interest Rates Soar

Chancellor to press Britain’s major banks on what "flexibilities" they can offer hard-pressed families.
By David Milliken and Suban Abdulla, Reuters

Why Martin Lewis And Economists Think Raising Interest Rates Is A Bad Idea

A former member of the Bank of England's rate-setting committee hits out at "terrible incompetence" and says "screeching U-turns are coming".
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Brits Need To Accept They're Poorer, Says Bank Of England Economist

The central bank's chief economist Huw Pill says people and businesses need to stop playing “pass-the-parcel” to get inflation under control.
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Bank Of England Predicts UK Will Dodge Technical Recession With Inflation To Fall Sharply

But, the Bank has just raised interest rates again, following a surprise increase in inflation last month.
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What Does The Bank Of England's Latest Announcement Tell Us About The Economy?

The Bank has just raised interest rates again by 0.5%, to a total of 4% – but the recession will be milder than expected.
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