[ad_1] B anknote maker De La Rue said there have been “encouraging signs of recovery” in its currency business after plummeting demand for fresh cash saw it slump into the…
Tag: Bank of England
Hunt criticises Bank of England over inflation crisis
[ad_1] Jeremy Hunt has finally admitted that there were flaws in the Bank of England’s economic forecasting after it failed to get a grip on runaway inflation. After months of…
UK mortgage-holders pay thousands more than Europeans, Labour says
[ad_1] H omeowners in Britain are paying thousands of pounds more than Europeans for new mortgages as interest rates soar, according to Labour. The Bank of England last week raised…
FPIs continue to bet on Indian equities; infuse Rs 30,600 crore in June so far – Times of India
[ad_1] NEW DELHI: Foreign portfolio investors (FPIs) continue to show confidence in Indian equities and pumped more than Rs 30,600 crore in June so far, as they bet on the…
The blundering Bank must now hold fire on rate rises
[ad_1] The MPC failed spectacularly in early and mid-2021 to recognise the looming inflationary dangers that would be unleashed as lockdown ended – dangers that financial markets were signalling and…
Hunt urges public to hold their nerve amid ‘necessary’ interest rate hikes
[ad_1] J eremy Hunt has stressed that raising interest rates is “one of the most effective methods” of squashing inflation as he urged cash-strapped Britons to be “patient” with the…
Britain is back in financial crisis territory – when good news is bad news
[ad_1] Bailey has acknowledged the good news, but caveats it with indications he will raise rates more as required to bring down inflation. “We’re not seeking to precipitate a recession,”…
Bank of England races to prevent future bond market collapse as interest rates rise
[ad_1] It could highlight potential risks such as the danger of fire sales taking place in particular markets, or funds that are particularly vulnerable to runs in a panic. The…
Pressure builds on Bank of England’s Bailey for yet another bumper rate rise
[ad_1] There is good cause for a degree of caution. Ellie Henderson, economist at Investec, expects most of the nine MPC members will vote for a 0.25 percentage point rise…
Basket case Britain is back – and a recession is inevitable
[ad_1] One obvious factor which possibly could explain it, and which all the usual suspects will seize upon, is Brexit. Indeed, that leading usual suspect, the former Governor of the…