Bank of England

Terrible news for Sunak and Hunt puts election victory all but out of reach | Larry Elliott
Praise from the IMF and optimism on inflation have given way to echoes of last autumn’s turmoil
Larry Elliott
28, May, 2023 @9:12 AM

Rishi Sunak warned over possible UK recession in 2024
High inflation likely to push interest rates above 5% and force up mortgage and loan payments just ahead of election
Richard Partington and Rowena Mason
26, May, 2023 @5:41 PM

Hunt will back more interest rate rises even if they push UK to recession
Chancellor will back Bank of England’s decisions because ‘inflation is a source of instability’
Kalyeena Makortoff
26, May, 2023 @9:22 AM

UK interest rates forecast to jump above 5% this year after higher-than-expected inflation – as it happened
Rolling, live coverage of business, economics and financial markets as consumer price index inflation reaches 8.7%, well above forecasts
Jasper Jolly
24, May, 2023 @2:50 PM

Failure to grasp UK inflation drivers will continue to keep prices high
Energy prices have fallen, and farming and manufacturing costs have eased, so why are food prices still accelerating?
Phillip Inman
24, May, 2023 @10:35 AM

Bank forecast to raise rates above 5% as UK inflation falls by less than expected
Rate drops to 8.7% but food price rises remain close to 45-year high
Richard Partington Economics correspondent
24, May, 2023 @10:18 AM

Bank of England says inflation has ‘turned corner’ despite soaring food prices
Governor optimistic over economic recovery but concedes Bank has ‘lessons to learn’ after forecast errors
Richard Partington Economics correspondent
23, May, 2023 @3:45 PM

UK growth forecast upgraded by IMF; Bank of England governor says ‘big lessons to learn’ after inflation shock – as it happened
New IMF report shows “a big upgrade to the UK’s growth forecast” says Jeremy Hunt, with UK expected to grow by 0.4% this year not shrink by 0.3%
Graeme Wearden
23, May, 2023 @2:46 PM

From CPI to stagflation: how the UK tracks price rises and what key inflation terms mean
All the methods of cost of living calculations come with benefits and limitations
Larry Elliott Economics editor
23, May, 2023 @2:00 PM

Central banks ‘risk losing trust if they cannot tame inflation’
Bank of International Settlements also warns US bank failures and cryptocurrencies could reduce trust
Phillip Inman
19, May, 2023 @5:05 PM

Bank of England denies QE caused double-digit inflation; mortgage arrears and repossessions jump – as it happened
Central bank chiefs tell MPs that unwinding QE is more like descending a mountain than decommissioning a nuclear submarine
Graeme Wearden
18, May, 2023 @3:30 PM

Too early to sound the all-clear as impact of UK rate rises yet to be felt
There are some signs that headwinds are easing but economy still looks fragile
Larry Elliott Economics editor
12, May, 2023 @8:32 AM
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