Recession is ‘inevitable’ after Bank of England lost control of inflation
A Whitehall source told The Telegraph: “The Chancellor will hold the banks’ feet to the fire on the commitments they...
archiveUK economy
Government borrowing costs climb after UK inflation shock
Mortgage holders have been dealt a blow after underlying inflation increased last month, putting pressure on the Bank of England...
Mortgage doom catastrophising is the latest British disease
I don’t want to belittle the nature of today’s mortgage rate crisis. Many households are looking at real hardship.The Left-leaning...
Britain caught in ‘growth doom loop’ as private investment lags far behind rest of G7
“If the economy is the engine of a country, investment is its fuel. But the UK’s tank is running on...
Bank of England races to prevent future bond market collapse as interest rates rise
It could highlight potential risks such as the danger of fire sales taking place in particular markets, or funds that...
TSB pulls mortgage deals ahead of inflation data as rates hit 6pc
The “disorderly” mortgage market has left properties sitting on the market for longer and forced sellers to cut their asking...
BT’s £39bn pension fund cuts UK investments in blow to Hunt’s Big Bang 2.0 ambitions
Baroness Altmann said: “It’s an outrage that a major pension fund, especially one underpinned to some degree by the Government...
The economy is the Tories’ only hope – if they can stave off tearing the party apart first
Could it be that we are experiencing a different kind of recession this time around, one in which the adjustment...
Macron to meet Elon Musk again as France woos Tesla chief
Billionaire Elon Musk is set to meet Emmanuel Macron in Paris today for the second time in just over a...
European Central Bank raises interest rates to highest in 22 years
The European Central Bank raised interest rates to their highest level since 2001, triggering a jump in borrowing costs as...
