Bank of England

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...

City analysts overwhelmingly predict Bank of England interest rate cut

The Bank of England policymakers are widely expected to cut borrowing costs for businesses and homeowners by reducing...

Peter Jay, journalist and diplomat, dies aged 87

Peter Jay, the former BBC economics journalist and diplomat, has died at the age of 87, his family...

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 that the Bank of England should...

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 costs unchanged on Thursday at 5%,...

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...

With inflation staying at 2.2%, will Bank of England cut interest rates this week?

For a second month running inflation has fallen short of the Bank of England’s expectations. After beginning the process of cutting interest rates last...

UK inflation stays at 2.2% as lower petrol prices offset by higher air fares

The UK’s annual inflation rate rose by 2.2% in August, matching the increase in July, as lower petrol prices at the pump were offset...