4 d. ago Bank of England chief warns interest rate cuts now 'more uncertain' as OECD downgrades growth forecasts and says inflation will 'linger'

Andrew Bailey said the prospects for easing the burden on Brits was 'shrouded in a lot more uncertainty', largely due to Donald Trump 's trade war.

Events

2 w. ago Brits battered by soaring prices in 'awful April': Inflation surges to 3.5%

Cabinet minister Steve Reed acknowledged the rise in inflation was 'disappointing' - while Shadow chancellor Sir Mel Stride blamed Rachel Reeves for the hike in inflation.

Economics

2 w. ago Interest rates falling 'too rapidly' warns Bank of England chief economist

The chief economist of the Bank of England has warned interest rates have been falling too quickly as the rate of inflation continues to exceed the bank's 2% target.

Events

2 w. ago UK interest rate cuts have been ‘too rapid’, Bank’s chief economist warns

Huw Pill said the pace of interest rate reductions since August last year has been ‘too rapid’ given the balance of risks to UK inflation.

Events

2 w. ago Interest rates falling ‘too fast’ sparking inflation worry, Bank of England’s chief economist warns

Huw Pill said cuts in the Bank of England’s base rate have been ‘too rapid’

Economics

last month Bank of England chief urges Starmer to 'do everything' to 'rebuild' trade with the EU after sealing deal with Trump... as Tories warn Brexit must NOT be unwound

Andrew Bailey backed deepening relations as the PM pushes ahead with his Brexit 'reset' - after sealing a damage limitation deal with Donald Trump .

Events