"Monetary and fiscal policy would then need to tighten to prevent a vicious circle of rising inflation and an ever-weaker currency."
September 8,2021
Bank of England policy setter Michael Saunders has said inflation could force an interest rate rise next year, a call that comes as new data from Citi shows inflation expectations are at risk of anchoring at higher levels.
September 7,2021
“Non-standard measures can support financial stability in the short run, but should those measures not produce the desired macroeconomic revival of growth and inflation expectations to re-steepen the yield curve, financial stability may be at risk at longer horizons,” Huw Pill.
September 3,2021
UK house price growth notched its second-largest monthly gain in 15 years in August.
September 1,2021
UK businesses are more confident about their prospects now than they have been at any point in the past four years, according to a regular survey.
August 31,2021
The latest CBI quarterly Distributive Trades Survey showed retail sales in the UK grew at the sharpest pace since December 2014 in the year to August, while orders growth hit a survey record high.
August 24,2021
The UK government borrowed significantly less money in July than had been expected, thanks to a combination of reduced spending and an uptick in tax receipts.
August 20,2021
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