Bank of England’s Mann: Higher interest rates will lower inflation fears October 9, 2025 The Bank of England has said that households’ fears of high inflation levels could be tempered by keeping interest rates for longer. In an event hosted by the think tank Resolution Foundation, Mann doubled down on her calls for the Bank to squeeze out inflation pressures in order to ease household nerves of higher prices [...]
Bank of England sounds alarm on ‘high risk’ AI bubble October 8, 2025 The Bank of England has warned of the potential for a “sharp correction” in global markets due to the “stretched” stock valuations from the artificial intelligence (AI) boom. The central bank’s Financial Policy Committee has warned a crash in the roaring value of US tech giants could spark trouble overseas. “A crystallisation of such global [...]
House prices fall amid pre-Budget jitters October 7, 2025 House prices fell last month, a leading price index has suggested, a warning that house buyers and sellers are nervy ahead of a potential tax raid on property. Halifax’s house price index suggested house prices dropped by 0.3 per cent on the month, putting the average property cost at £298,184. The annual rate of growth [...]
Andrew Bailey: Regulation is not hampering growth October 3, 2025 Bank of England governor Andrew Bailey has warned of the dangers associated with paring back financial regulation, in a speech in which he also denied that the abundance of red tape foisted on the financial sector after the Great Financial Crash had impeded economic activity. Addressing the Klass Knot Farewell Symposium, Bailey, who was recently [...]
‘Subdued’ services sector suffers steep drop as tax hikes bite October 3, 2025 Business activity expansion fell to a five-month low after a “subdued” services sector experienced a dull end to the third quarter. S&P’s UK Services Purchasing Managers Index Business Activity tumbled to 50.8 in September, falling steeply from the 16-month high of 54.2 secured in August. “This summer’s acceleration in output growth is now looking like [...]
Retail investors put increasing trust in AI to build their portfolio October 2, 2025 UK retail investors are putting increasing amounts of trust in AI tools to build their investment portfolio, believing it is able to make more informed decisions. According to the latest report from investment platform eToro, the number of investors using AI tools has increased by 45 per cent over the last year. Of the investors [...]
Andrew Bailey’s stablecoin U-turn hailed as ‘positive step’ October 1, 2025 Andrew Bailey has issued a major climb down on stablecoins after previously being accused of “killing” the country’s ambitions with “prescriptive” views. The Bank of England governor – who has been branded a “dinosaur” by Reform’s Nigel Farage for archaic views on crypto assets – has now said the UK should “reap the benefits” of [...]
Bank of England’s Mann calls for sustained interest rate hold October 1, 2025 The Bank of England’s Catherine Mann has called for interest rates to be held where they are for longer before making a larger cut to revive the sluggish growth outlook, citing a recent spike in consumer inflation expectations as evidence price rises were embedding into the economy. The external Monetary Policy Committee (MPC) member known [...]
Bank of England’s Breeden says inflation ‘hump’ is transitory September 30, 2025 The Bank of England’s deputy governor has warned keeping interest rates too high could drag inflation below the Bank’s two per cent target in comments that further exposed the divergence that exists among central bank officials over the long-term path of inflation. In a dovish speech delivered at Cardiff Business School, financial stability deputy chief [...]
How are ‘bankrupt’ France’s borrowing costs still lower than ours? September 29, 2025 Locked in a protracted political crisis over the extent of its indebtedness – and with its deficit running at over five per cent of GDP – France has earned itself the unwanted monikers of ‘the sick man of Europe’ and the ‘new Greece’. Despite these woes, its borrowing costs remain lower than the UK’s. Ali [...]