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      Tories pledge to slash tax and red tape in ‘alternative King’s Speech’

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Bank of England

  • Bank of England holds interest rates again but Bailey says ‘things are moving in the right direction’

    March 21, 2024

    The Bank of England voted to leave interest rates on hold for the fifth consecutive meeting.

  • Rachel Reeves: Five things we learnt from the Shadow Chancellor’s Mais Lecture

    March 20, 2024

    Rachel Reeves likely to become the UK’s first female Chancellor, the speech was a key window into her economic thinking.

  • Bank of England embarks on ‘Kardashian-style spending spree’ as IT budget hits almost £100m

    March 20, 2024

    704 IT staff shared a salary pot of £48.9m, making the average salary in the tech team a whopping £69,000-a-year.

  • Sharp fall in inflation not enough to change the Bank of England’s approach – yet

    March 20, 2024

    The Monetary Policy Committee (MPC) meets tomorrow and will almost certainly leave interest rates on hold despite today's inflation figures.

  • Inflation drops faster than expected ahead of Bank of England’s interest rate decision

    March 20, 2024

    The figures come just a day before the Bank of England announces its latest decision on interest rates.

  • Will the Federal Reserve and Bank of England surprise investors this week?

    March 19, 2024

    The Fed will reveal its latest decision on Wednesday before the Bank's announcement on Thursday.

  • Rachel Reeves to promise Treasury reform as Labour party promises ‘new chapter’ for Britain

    March 19, 2024

    Labour’s Rachel Reeves will unveil plans for a “new chapter” for Britain’s economy alongside reform to the Treasury as she delivers the prestigious Mais lecture.

  • The Bank of England should cut rates soon – but timing is everything

    March 19, 2024

    There's no doubt that cuts should start soon, but it might be wise to wait a little bit longer before reaching for the interest rate axe, writes Chris Dorrell.

  • Bank of England to cut interest rates in June, economists forecast

    March 17, 2024

    The Bank of England is set to start cutting interest rates in June, according to a City A.M. poll of top economists, as inflation nears its target, the labour market cools and the UK takes its first steps out of recession.

  • Why the Bank of England will keep interest rates on hold despite lower inflation

    March 13, 2024

    The latest clutch of data is unlikely to change the Bank of England's thinking ahead of its decision on interest rates next week.

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