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12 Oct 20
The Bank of England has asked UK banks to assess their readiness if interest rates are reduced to zero or below.
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18 Sep 20
The Bank of England has outlined plans to explore how negative interest rates could be implemented for the first time, to help the UK’s economic recovery from Covid-19.
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17 Sep 20
UK CPI inflation dropped to 0.2% in August – the lowest rate since December 2015 – according to the Office for National Statistics.
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6 Aug 20
The Bank of England will continue to review the potential of negative interest rates, to help stimulate the UK’s economic recovery from Covid-19, it said today.
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29 Jul 20
Savings made by private sector firms and employees during lockdown could help pay for tax rises to cover the repayment of government Covid-19 debt, according to the National Institute of Economic and...
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9 Jul 20
The government will need a plan to manage its Covid-related debt in place by the autumn, according to former permanent secretary to the Treasury, Lord Macpherson.
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23 May 18
Public sector net borrowing has fallen to its lowest level since 2007, according to the Office for National Statistics.
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12 Dec 17
The governor of the Bank of England Mark Carney is to write to chancellor Philip Hammond to explain why the Consumer Prices Index has reached 3.1%.
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14 Nov 17
The UK’s rate of inflation has stuck at 3% in October, remaining at a five-year high, according to official figures.
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17 Oct 17
Inflation is at its highest since March 2012, hitting 3% in September up from 2.9% in August – sparking concerns about living standards.
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12 Sep 17
The rate of inflation has hit 2.9% in August, higher than the 2.8% which was forecast, figures from the Office for National Statistics have revealed.
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15 Aug 17
Inflation has remained at 2.6% in July, unchanged from June, according to the Office for National Statistics.
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18 Jul 17
Inflation has unexpectedly dropped to 2.6% from 2.9% between June 2017 and May 2016, according to the latest official figures.
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13 Jun 17
The rate of inflation rose to 2.9% in May up from 2.7% in April, latest Office for National Statistics figures have revealed.
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16 May 17
The UK inflation rate hit 2.7% in April - up from 2.3% in March, the Office for National Statistics has said.
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11 Apr 17
The UK’s inflation has remained at 2.3% - above the Bank of England’s target of 2% - according to the latest ONS figures.
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21 Mar 17
Public sector borrowing for the financial year-to-date is at its lowest level since 2008, according to the latest figures from the Office for National Statistics – but inflation has now...
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19 Aug 16
In such a data-rich world, how can the public trust government figures? Ed Humpherson of the UK Statistics Authority talks to PF about his plans to improve regulation and champion professional...
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17 Feb 16
Facts and figures from the March 2016 edition of Public Finance magazine, featuring public trust in officials, EU vs UK vs US employment trends, inflation, housebuilding and Brexit
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16 Sep 15
Public sector employment fell to 5.4 million in the second quarter of the year, its lowest level since 1999 when records began.
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24 Aug 15
Higher household spending and low inflation will boost the recovery, the CBI said as it upgraded its UK growth forecast for the next two years.
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23 Aug 15
Facts and figures from the July/August of Public Finance, focusing on voter concerns, upcoming cuts, deflation and GDP
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18 Aug 15
Most rail fares are to rise by 1% in 2016 after the Retail Prices Index figure for July 2015 was published by the Office for National Statistics today.
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19 May 15
The UK is officially in deflation for the first time since 1960 as prices fell in the economy over the year to April, the Office for National Statistics has announced today.