Bank of England
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
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
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
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
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
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
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
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
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
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
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
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
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