Economics

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 sit on its hands and...

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...

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...

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...

Automatically enrol young staff into workplace pension schemes, says IFS

Employees as young as 16 should be automatically enroled into workplace pensions and there is a strong case...

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...

IMF plan to visit Russia to assess economy prompts dismay across Europe

The International Monetary Fund (IMF) will send staff to Moscow next week to review the Russian economy for the first time since the invasion...

Can UK avoid national debt almost tripling over next 50 years?

A near tripling of the national debt; public spending accounting for well over half the economy’s annual output; government borrowing at levels never seen...

ECB cuts interest rate to 3.5% and warns of weak eurozone growth

The European Central Bank has lowered interest rates for the second time this year, as it warned that economic growth in the eurozone will...

UK debt projected to almost triple over next 50 years, watchdog warns

The UK’s debt mountain will almost triple to more than 270% of national income over the next 50 years because of pressures from an...

Why did Starmer cut the winter fuel allowance? It’s called Treasury brain – and that spells trouble | Rafael Behr

An unwritten law of Westminster mechanics states that power, in the absence of a countervailing force, gravitates to the Treasury.The governing agenda can be...