[ad_1] L ast autumn’s chaotic mini-budget and resultant plunge in the value of the pound was a “self-induced financial crisis”, former chancellor George Osborne said. It came as Mr Osborne…
Tag: Andrew Bailey
Bank of England should escape groupthink and keep interest rates on hold
[ad_1] The best way to deal with that is to engender growth – so the debt burden falls as a share of GDP. Further rate rises now, when inflation is…
Bank chief says UK financial system could be ‘vulnerable’ to market volatility
[ad_1] T he Bank of England has insisted that the UK’s banking system is robust, but admitted that any “lasting impact” on bank funding costs could dent the nation’s financial…
Don’t expect good news about the economy any time soon
[ad_1] This Thursday sees not only the MPC’s interest rate decision but also the publication of the latest Bank forecasts in its new Monetary Policy Report. It is likely to…