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interest rates

  • Monthly insolvencies tick up again as firms feel the brunt of the Bank of England’s interest rate hikes

    February 16, 2024

    According to figures from the Insolvency Service, there were 1,769 company insolvencies in January, five per cent higher than in the same period last year driven by an increase in forced closures.

  • Wage pressures ease again but beat Bank of England’s expectations

    February 13, 2024

    Rate-setters at the Bank of England have argued that pay pressures need to ease before interest rates can start being cut.

  • Bank of England risks being ‘too slow’ in cutting interest rates, Haldane warns

    February 12, 2024

    The Bank of England's former chief economist said today that he would have already voted to cut interest rates given the UK's slow growth rate and progress on taming inflation.

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