Declining energy prices are lessening the damage done to the public finances by last year's increases and affording HM Treasury the luxury of making strategic choices about what to do with the Office for Gas and Electricity Markets (OFGEM) price cap for household energy bills from April onward.
January 4,2023
Fluctuations in government borrowing costs saw the 'yield curve' tip and turn between flat and steep formations in year-end trade and price action suggesting that investors may think the latest Bank of England (BoE) forecasts are too gloomy in their outlook for the UK economy.
December 30,2022
The sinking global economy and resulting human suffering are all that's necessary for Prime Minister Rishi Sunak to encourage Ukraine to sit at a negotiating table next year though President Vladimir Putin's misunderstanding of Russian responsibilities to the United Nations suggests these talks will fail.
December 30,2022
Replicating or extending the "Homes for Ukraine" scheme in Commonwealth countries like Sri Lanka and South Africa is one way in which the British government could support the UK economy while also helping to ease economic difficulties in other parts of the world over the coming year.
December 29,2022
The Bank of England (BoE) raised interest rates again this week but not all on the Monetary Policy Committee (MPC) agreed with the decision due to a three-way split of views about how quickly inflation could be expected to fall.
December 16,2022
UK inflationary pressures are cooling and the services sector appears to have avoided contraction in December, according to preliminary PMI data for December.
December 16,2022
European Central Bank President Christine Lagarde warned in the ECB's final press conference of the year that "a relatively short-lived and shallow" technical recession may be seen in the months ahead due to a growing collection of economic ailments stemming from the energy crisis.
December 15,2022
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