Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. The Bank of England may need to cut interest rates as many as five or six times over the coming year because of the stalling economy, a UK policymaker has warned, as he urged […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Most UK businesses expect reduced profit margins, higher prices and lower employment as a result of the rise in employer national insurance contributions, according to a Bank of England survey. Fifty-nine per cent of companies said […]
The Bank of England expects four interest rate cuts next year if its outlook for the UK economy bears out, Andrew Bailey said on Wednesday, as he welcomed recent declines in inflation. Speaking to the FT’s Global Boardroom conference, the BoE governor said consumer price inflation had fallen more rapidly than policymakers expected a year […]
This article is an on-site version of our Chris Giles on Central Banks newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters On one level, the Bank of England has had a remarkably good inflation crisis. A year […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A six-year freeze on personal tax thresholds has been a big factor holding back growth in the UK economy, a Bank of England rate-setter warned on Thursday, days before Rachel Reeves is expected to extend […]
