Britain’s debt addiction makes a stock market revival impossible
In that sense, one of the main beneficiaries of a weak stock market is the Government itself. It ensures greater...
archiveBank of England
UK savers more likely to up pension contributions despite industry opt-out concerns
Consumers in the UK are more likely to increase their pension contributions rather than reduce them, due to improving savings...
Rishi Sunak blames fixed-rate mortgages over failure to curb inflation
Asked again to put a percentage on his chances of succeeding on his promise, Mr Sunak declined to do so...
Sunak’s Britcoin ambitions hit by huge public backlash
The Prime Minister, who has stated his ambition to make the UK a global hub for crypto asset technology, was...
Mortgage crisis equivalent to 6p income tax hike per household
Households with a typical mortgage are facing a jump in payments equivalent to a 6p rise in income tax, analysis...
State handouts and money printing responsible for inflation crisis, says top central banker
Massive taxpayer handouts and a money-printing spree helped stoke inflation in Britain and around the world, with years of interest rate...
Basket case Britain is back – and a recession is inevitable
One obvious factor which possibly could explain it, and which all the usual suspects will seize upon, is Brexit. Indeed,...
The blundering Bank must now hold fire on rate rises
The MPC failed spectacularly in early and mid-2021 to recognise the looming inflationary dangers that would be unleashed as lockdown...
Even Rishi Sunak’s aides are sweating on their mortgages as Tory woes deepen
Over the following months, Mr Sunak would begin to make his irritation at Mr Johnson’s high spending known to colleagues,...
Why economic good news is a headache for the Bank of England
Bailey has acknowledged the good news, but caveats it with indications he will raise rates more as required to bring...
