3 d. 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

3 d. 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

3 d. 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

6 d. ago Lloyds and Barclays ISA savers warned over rates after Bank of England change

Many high street banks have been dropping their interest rates lately

Events

2 w. ago Tariffs not causing ‘dramatic’ shift in UK economy, Bank chief economist says

Huw Pill’s remarks come a day after the Bank cut interest rates to 4.25% and lowered its outlook for UK economic growth next year.

Economics

last month US trade war will hurt UK growth, Bank of England governor warns; Tesla’s European sales fall again – business live

Rolling coverage of the latest economic and financial newsACEA’s latest European car sales report shows a continued decline in demand for fossil fuel-powered vehicles.While new battery-electric car sales grew by 23.9% in the first three months of 2025, to 412,997 units, petrol car registrations saw a significant decline of 20.6%, with all major markets showing decreases. Continue reading...

Economics