The UK economy came to a standstill in the final quarter of last year, which has averted a technical recession for the time being but done little dispel the gloom in the air or the sense of impending doom evoked by economic forecasters who say the UK is still a long way from out of the woods.
February 10,2023
Mann said she sees material upside risks to the Bank's inflation forecasts.
February 6,2023
The Bank of England's Chief Economist has effectively condoned the fall in the cost of money in the UK that followed the Bank of England's Feb. 02 policy decision and guidance.
February 3,2023
A sharp drop in Eurozone CPI inflation last month was offset by a stubbornly high core inflation reading, which will likely keep the European Central Bank on course to deliver further interest rate hikes.
February 1,2023
If the purpose of raising interest rates is to slow lending in order to bring down inflation, then the Bank of England will be confident the actions it took in 2022 are doing the job.
January 31,2023
The Bank of England (BoE) interest rate outlook had appeared less certain following the division over December's decision but a better than expected economic performance since then is now seen ensuring the 'hawks' remain a majority on the Monetary Policy Committee (MPC) next week.
January 27,2023
Chancellor Jeremy Hunt has attempted to lay out an optimistic vision for the UK economy but industry reactions say his speech lacked the detail required to shift the dial on a pessimistic outlook.
February 7,2023
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