UK inflation ‘unavoidable’ but Bank of England should revamp forecasting model, says Bernanke
Ben Bernanke said Bank of England should investigate forecast errors. (Andrew Harnik, Associated Press)The double digit record high inflation that...
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Unrepentant Bank of England refuses to learn from its failures
Yet if it had so little impact, why did both Switzerland and Japan, which were subjected to the same external...
Strong UK pay growth puts interest rate cut path at risk
Real pay increased to 2.4% after taking inflation into account. The data could cloud the Bank of England's interest rate...
‘Serious questions’ for lenders as ultra-long mortgages surge
Banking trade body UK Finance’s latest Household Finance Review found that one in five first-time buyers took out a mortgage...
UK employers plan 4% pay rises in coming year, survey shows
By Suban AbdullaLONDON (Reuters) - British employers expect to raise wages by 4% over the coming 12 months, a similar...
Warning for 1million young homeowners who will be paying off ‘ultra- long’ mortgages in retirement
MORE than one million homeowners are being warned that they could be paying off "ultra-long" mortgages into their retirement.Budding young...
Mortgage holders urged to act now as experts say ‘do not wait’
Mortgage holders have been implored to act now as interest rates are predicted to decrease, despite the Bank of England's...
UK economy ‘going gangbusters’ after coming out of recession with fastest growth in two years, say experts
By Rishi Sunak, Prime MinisterI KNOW that the last few years have been really tough.The economic shocks of Covid and...
Interest rates could be cut later this year in ‘massive relief for families with mortgages,’ says Jeremy Hunt
Interest rates could be cut later this year in a “massive relief for families with mortgages,” Jeremy Hunt said on...
Soaring immigration is fuelling Britain’s housing crisis, says Bank’s chief economist
High levels of immigration are fuelling Britain’s housing crisis, according to the Bank of England’s chief economist, who blamed skyrocketing...
