Andrew Bailey

ONS may have ‘lost’ a million workers from job figures since pandemic

Policymakers have been “left in the dark,” by official jobs figures since the pandemic, which may have “lost” almost a million workers according to the thinktank Resolution Foundation.In a...

Retailers are right to warn of job cuts after Reeves budget, says Andrew Bailey

The Bank of England governor, Andrew Bailey, has said retailers are right to warn of potential job cuts...

Bank of England governor says Brexit has undermined UK economy

The Bank of England governor has urged ministers to “rebuild relations” with the EU, warning that Brexit has...

Why is the Bank of England being cautious in delaying rate cuts?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange...

Interest rates ‘on path down’ despite hold at 5%, Bank of England chief says

The governor of the Bank of England has signalled readiness to resume interest rate cuts despite keeping borrowing...

Why is the Bank being cautious in delaying rate cuts?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that the Bank of England should...

Why didn’t the Bank of England cut interest rates?

After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that the Bank of England should...

The Federal Reserve is about to cut rates … but by how much?

Economic moments are often forecast with great certainty, but few will have been as widely expected as an interest rate cut by the US...