Bailey Wants to Cut Borrowing Costs But Markets Have Other Ideas
Bank of England interest-rate cuts are not feeding through to borrowing costs for households and the government, making it ...
Bank of England’s Dire Forecasts Bring Reeves Back to Earth
Bank of England Governor Andrew Bailey does “very strongly agree” with Chancellor of the Exchequer Rachel Reeves’ plans to ...
Reeves Gives Whitehall Departments ‘Flat Cash’ Austerity Warning
The UK Treasury has told several government departments to prepare for their budgets to be frozen in cash terms ahead of a ...
Opinion
Reeves Is Running Out of Time Against the Status Quo
Traditionally, a new government is judged by the platform it establishes during its first 100 days in power. In that respect, the UK’s Labour government was already out of time when Chancellor of the ...
Bank of England Gives Reeves Kind Words and Cruel Forecasts
Bank of England Governor Andrew Bailey does “very strongly agree” with Chancellor of the Exchequer Rachel Reeves’ plans to ...
BOE to Deliver Setback for Reeves With ‘Stagflation’ Forecasts
The Bank of England is expected to deal Rachel Reeves a blow this week by downgrading its growth outlook and warning that her ...
Bank of England’s Dire Forecasts Revive Reeves’ Budget Worries
Bank of England Governor Andrew Bailey does “very strongly agree” with Chancellor of the Exchequer Rachel Reeves’ plans to boost UK growth. His deputy, Clare Lombardelli, is also “very supportive.” ...
Bank of England Set for Third Rate Cut With Britain in Stagflation
The Bank of England is expected to cut interest rates for a third time on Thursday while downgrading its UK growth forecasts ...
Bank of England Cuts Rates While Signaling Caution on Path
Bank of England officials decided to cut interest rates to a 19-month low, with two supporting a bumper 50-basis-point cut, ...
Rachel Reeves tells Whitehall departments to prepare for budget freeze
Rachel Reeves has told several Whitehall departments to prepare for their budgets to be frozen under 'flat cash' spending ...
Bloated public sector is damaging economy, warns Andrew Bailey
Andrew Bailey has warned that Britain’s bloated public sector is dragging down the economy after the Bank of England slashed ...
Pound Set for More Losses as BOE Flags Risks to UK Growth
Investors are positioning for more weakness in the pound after the Bank of England’s latest policy decision cemented their ...