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11 May 22
Local authority borrowing from the Public Works Loan Board remains low following four Bank of England interest rates hikes, after councils capitalised on record low finance last year,...
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5 May 22
The Bank of England's Monetary Policy Committee has hinted that further interest rate rises are on the horizon, after it hiked borrowing rates for the fourth consecutive meeting.
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23 Mar 22
High inflation is set to push the cost of servicing government debt to twice the Office for Budget Responsibility’s forecast in October, the fiscal watchdog said in its outlook accompanying the...
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17 Mar 22
The Bank of England has raised interest rates for the third month running – to 0.75% – in an attempt to tame soaring inflation.
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25 Feb 22
We are living through uncertain economic times. This week, a group of chief investment officers gathered to discuss some of the main global issues which are likely to impact their decisions in coming...
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23 Feb 22
The Bank of England is set for only modest interest rate tightening in the coming months to deal with high inflation fuelled by supply chain backlogs, according to a senior official.
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16 Feb 22
Soaring inflation caused by Covid-19 supply chain issues leaves central banks in a quandary over raising interest rates.
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11 Feb 22
Local authorities in the UK borrowed just £130m from the Public Works Loan Board in January, as the cost of borrowing leapt following December's Bank of England interest rate rise.
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11 Feb 22
Central banks seem set on tightening monetary policy - but will increased interest rates have the desired impact, asks Nick Keeling?
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31 Jan 22
The Bank of England is widely expected to increase interest rates for the second time in two months this week as it continues to try to get inflation under control.
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16 Dec 21
The Bank of England has raised the cost of borrowing for the first time since the onset of Covid-19 despite fears of the Omicron variant slowing the economy, citing worries about inflation.
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14 Dec 21
The Bank of England must not delay raising interest rates despite the economic risks around the Omicron variant of Covid-19, the International Monetary Fund has said.
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4 Nov 21
The Bank of England’s base rate will remain at its all-time low of 0.1% after the Monetary Policy Committee voted to hold fire on an increase – despite predicting inflation will reach 5% next Spring.
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6 Oct 21
With New Zealand’s central bank raising interest rates this week, what are the prospects for a UK hike? PF talks to the experts.
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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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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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27 Jul 21
It is too early to withdraw extraordinary monetary policy support, despite high inflation and growing employment, a Bank of England official has said.
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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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5 Feb 21
The Bank of England has written to banks asking them to take measures to prepare for any future decision to cut interest rates below zero later this year.
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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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29 Sep 20
The UK is unlikely to see negative interest rates “imminently”, according to David Ramsden, deputy governor for markets and banking at the Bank of England.
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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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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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21 Jul 20
Bank of England chief economist Andy Haldane has suggested negative interest rates could be implemented if further negative shocks are felt in the economy.
11 May 22Local authority borrowing from the Public Works Loan Board remains low following four Bank of England interest rates hikes, after councils capitalised on record low finance last year,...
5 May 22The Bank of England's Monetary Policy Committee has hinted that further interest rate rises are on the horizon, after it hiked borrowing rates for the fourth consecutive meeting.
23 Mar 22High inflation is set to push the cost of servicing government debt to twice the Office for Budget Responsibility’s forecast in October, the fiscal watchdog said in its outlook accompanying the...
17 Mar 22The Bank of England has raised interest rates for the third month running – to 0.75% – in an attempt to tame soaring inflation.
25 Feb 22We are living through uncertain economic times. This week, a group of chief investment officers gathered to discuss some of the main global issues which are likely to impact their decisions in coming...
16 Feb 22Soaring inflation caused by Covid-19 supply chain issues leaves central banks in a quandary over raising interest rates.
11 Feb 22Central banks seem set on tightening monetary policy - but will increased interest rates have the desired impact, asks Nick Keeling?
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...
