richard-partington

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

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

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

UK inflation: which goods and services have risen most in price?
From olive oil to jam and clothing to transport, how costs have soared
Richard Partington Economics correspondent
24, May, 2023 @8:03 AM

IMF’s anti-tax cut stance may give Rishi Sunak cover to resist Tory right
UK ministers will use improved forecast to claim plans are working – but IMF also urged more action to protect vulnerable people
Richard Partington
23, May, 2023 @5:38 PM

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

Bank of England lifts inflation and growth forecasts as it raises interest rates to 4.5% – business live
BoE governor Andrew Bailey predicts inflation will have halved by the end of this year, thanks to falling energy bills
Graeme Wearden
11, May, 2023 @3:29 PM

Bank of England raises UK interest rates to 4.5%
Latest 0.25 point hike marks 12th rise in a row as Bank battles stubbornly high inflation
Richard Partington Economics correspondent
11, May, 2023 @12:06 PM

Rishi Sunak risks missing target to halve inflation, NIESR warns
Leading thinktank sounds alarm over cost of living crisis with poorest £4,000 worse off in 2023 than before Covid pandemic
Richard Partington Economics correspondent
10, May, 2023 @11:01 PM

Lack of plan for green industry risks UK ‘falling behind’, top government adviser warns
Influential economist Andy Haldane says dearth of coherent strategy means Britain isn’t in the new ‘arms race’ to reindustrialise
Richard Partington
09, May, 2023 @5:16 PM

Annual UK house price growth hits 10-year low; China’s imports in surprise tumble – as it happened
UK house prices rose in annual terms by just 0.1% in April, the smallest increase since December 2012, mortgage lender Halifax reports
Graeme Wearden
09, May, 2023 @2:44 PM

UK must renew industrial strategy and stop ‘flip flopping’, say manufacturers
Make UK warns British firms risk losing out, as Joe Biden’s Inflation Reduction Act sucks up investment
Richard Partington Economics correspondent
08, May, 2023 @11:01 PM
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