Monetary policy committee

UK inflation dips but food prices rise 17% amid squeeze on low-income families
Annual rate falls in December, although it remains at one of the highest levels in 40 years
Phillip Inman and Richard Partington
18, Jan, 2023 @7:01 AM

The pendulum swung against globalisation in 2022 – and that’s no bad thing | Larry Elliott
Climate crisis, Ukraine invasion and China-US tensions are challenging assumption free markets are best
Larry Elliott
26, Dec, 2022 @1:57 PM

UK inflation eases to 10.7% as annual rate of price increases slows
Drop in consumer prices index had been forecast but costs continue to rise, adding to pressure on ministers to raise pay
Phillip Inman
14, Dec, 2022 @7:01 AM

Brexit a major cause of UK’s return to austerity, says senior economist
Former Bank of England policymaker Michael Saunders says leaving EU has ‘permanently damaged’ economy
Anna Isaac City editor
14, Nov, 2022 @3:35 PM

The Guardian view on the Bank of England: on the side of profit, not people | Editorial
Editorial: The Bank places an oppressive thumb on the scale of economic justice, to guarantee the dominance of extractive interests
Editorial
02, Nov, 2022 @7:05 PM

Who are the economic experts appointed to Jeremy Hunt’s new advisory panel?
Four advisers, including George Osborne’s ex-chief of staff, named, with chancellor seeking to repair damage from mini-budget
Richard Partington
17, Oct, 2022 @6:28 PM

Rebuke from IMF is a global embarrassment for Truss and Kwarteng
Will PM and chancellor ignore advice under mounting pressure, which is also coming from US and Germany?
Larry Elliott Economics editor
28, Sep, 2022 @10:10 AM

Bank of England’s wait-and-see approach unlikely to calm nerves | Richard Partington and Larry Elliott
After a day of volatility, the Bank’s statement was a far cry from the cavalry arriving to help the battered pound
Richard Partington and Larry Elliott
26, Sep, 2022 @6:28 PM

Pound’s plummet underlines schoolboy error by Kwasi Kwarteng
Chancellor added to market worries by pledging further tax cuts in full budget planned for later this year
Larry Elliott Economics editor
26, Sep, 2022 @8:25 AM

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

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
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