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13 Oct 21
Some central banks, including the Bank of England, may need to take additional actions if inflationary pressures persist past the middle of next year, according to the IMF.
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8 Oct 21
Heightened inflation caused by global supply chain issues and labour shortages could continue into the middle of next year, according to the Bank of England’s new chief economist.
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24 Sep 21
Inflation could run above the Bank of England 2% target going into 2023, as supply shortages led to CPI spiking this year, according to ratings agency Standard and Poor’s.
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21 Sep 21
The UK government borrowed more than expected in August, while inflation pushed up interest payments.
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20 Aug 21
Government borrowing in the financial year to date is around 25% lower than previously forecast, as the Covid-19 recovery continues, according to the Office for National Statistics.
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6 Aug 21
The Bank of England has signalled it could tighten its monetary policy slightly faster than had been expected as the recovery from Covid-19 gets underway and inflation continues to run above its 2%...
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21 Jul 21
A rise in inflation saw the government’s debt interest costs more than double to £8.7bn in June, according to the Office for National Statistics.
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6 Jul 21
The government has failed to budget for £30bn of additional costs resulting from Covid-19 over the next three years, according to the Office for Budget Responsibility.
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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...
13 Oct 21Some central banks, including the Bank of England, may need to take additional actions if inflationary pressures persist past the middle of next year, according to the IMF.
21 Sep 21The UK government borrowed more than expected in August, while inflation pushed up interest payments.
20 Aug 21Government borrowing in the financial year to date is around 25% lower than previously forecast, as the Covid-19 recovery continues, according to the Office for National Statistics.
21 Jul 21A rise in inflation saw the government’s debt interest costs more than double to £8.7bn in June, according to the Office for National Statistics.
17 Sep 20UK CPI inflation dropped to 0.2% in August – the lowest rate since December 2015 – according to the Office for National Statistics.
29 Jul 20Savings 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...
23 May 18Public sector net borrowing has fallen to its lowest level since 2007, according to the Office for National Statistics.
