Bank of England

Article image
Teachers and nurses face tax increase after mini-budget hands cut to bankers
Research by the Liberal Democrats shows that key workers will be worse off next year but top bank bosses will enjoy huge perks

Michael Savage and Jon Ungoed-Thomas

24, Sep, 2022 @6:27 PM

Article image
Pound falls below $1.09 for first time since 1985 following mini-budget
Sell-off as investors take fright at prospect of surge in government borrowing to cover huge tax cuts

Richard Partington and Angela Monaghan

23, Sep, 2022 @2:03 PM

Article image
UK in recession and further interest rate hikes probable, Bank warns Kwarteng
Threadneedle Street makes clear on eve of tax-cutting mini-budget that plans risk triggering more rate rises

Larry Elliott, Jessica Elgot and Richard Partington

22, Sep, 2022 @9:30 PM

Article image
Bank of England says UK in recession as it raises interest rates to 14-year high of 2.25% – business live
UK central bank predicts economy shrank for second quarter in a row, after shops closed and many stayed at home for Queen Elizabeth II’s state funeral

Graeme Wearden

22, Sep, 2022 @3:47 PM

Article image
What does the Bank’s interest rate rise mean for people’s finances?
From mortgages and the housing market to credit cards and loans, half-point increase will have an impact

Rupert Jones

22, Sep, 2022 @3:13 PM

Article image
UK in recession, says Bank of England as it raises interest rates to 2.25%
In a three-way split decision, MPC signals inflation risks outweigh short-term threat of recession

Richard Partington Economics correspondent

22, Sep, 2022 @12:38 PM

Article image
Interest rate hike points to the Bank keeping its foot firmly on the brake
The half-point rise wasn’t the limit of the measures announced by a central bank accused – until now – of acting too slowly on inflation

Larry Elliott Economics editor

22, Sep, 2022 @12:01 PM

Article image
Fed raises interest rate by 0.75 percentage points as US seeks to rein in inflation
Third outsized rate increase in a row as central bank struggles to fight runaway inflation, increasing the cost of everything

Dominic Rushe and Lauren Aratani

21, Sep, 2022 @6:02 PM

Article image
UK households face £3bn hit if Bank goes ahead with 0.75-points rate rise
Hike in interest rates would be the biggest in 33 years and would heap renewed pressure on borrowers

Richard Partington Economics correspondent

21, Sep, 2022 @1:40 PM

Article image
The era of low interest rates is ending – its legacy is inequality and toxic politics | Will Davies
Over the past 14 years, older homeowners have continued to benefit – creating an unpleasant form of economic progress, says sociologist and political economist William Davies

William Davies

21, Sep, 2022 @10:58 AM

Article image
Federal Reserve warns of ‘pain’ ahead as inflation surges
The US central bank is expected to announce a sharp rise in interest rates on Wednesday in an attempt to tackle the cost of living crisis

Dominic Rushe

21, Sep, 2022 @6:00 AM

Article image
Economists call for radical shakeup of Bank’s interest rate committee
MPC is dominated by people with little ‘real world’ knowledge and prone to groupthink, says ex-committee member

Larry Elliott

21, Sep, 2022 @5:00 AM

1 / 417 pages