The Notebook: What Andrew Bailey and Liz Truss have learnt from football managers September 19, 2023 Today editor Andy Silvester on communication problems, the rugby world cup and a new worry for the insurance sector
Liz Truss: Bank of England mandate should be reviewed after inflation failures September 18, 2023 Former Prime Minister Liz Truss reiterated her claim that the Bank of England should have its mandated reviewed due to its failures to get a grip on inflation.
FTSE 100 close: London markets fall as central banks take centre stage again September 18, 2023 Markets were in a watchful mood as traders anticipated decisions from the US Federal Reserve, Bank of England and Bank of Japan later this week.
Interest rates: Three things the Bank will consider for the next rate decision September 18, 2023 The Bank of England's rate-setters will meet next week and they will have no shortage of topics to discuss.
Bank of England set to hike rates again despite fears of a recession September 18, 2023 Uncomfortably high levels of wage growth and services inflation suggest inflation is increasingly domestically driven.
Truss: Tories have let the left capture economic consensus – and Sunak’s no better September 17, 2023 LIZ TRUSS will warn today that a lack of supply side reform under Rishi Sunak will lengthen a 25-year-long ‘economic consensus’ that has seen growth effectively flatline across the west.
ECB lifts interest rates to 22-year high as inflation concerns outweigh slowdown fears September 14, 2023 The decision comes amid a backdrop of slowing growth in the bloc, suggesting that the ECB's nine rate hikes are transmitting through to the wider economy.
FTSE 100 close: London lower on disappointing GDP data September 13, 2023 This comes after the UK economy shrunk by more than expected in July, with all sectors of the economy starting to come under pressure following Bank of England interest rate hikes.
Redrow: Another housebuilder warns on ‘standstill’ market as mortgage rates bite September 13, 2023 Redrow has become the latest housebuilder to be battered by a cratering market as it posts a four per cent slide in profit before tax to £395m in its full year results.
‘Recession may have begun’: UK economy craters 0.5 per cent in July September 13, 2023 Data from the Office for National Statistics (ONS) showed that the economy contracted 0.5 per cent in July. Economists had predicted a smaller fall of 0.2 per cent.