MP criticises policies on interest rates and bond-selling as Tory rightwingers call for review of Bank’s independence Jacob Rees-Mogg has accused the Bank of England of “miserable incompetence” over its failure...
Read MoreGDP rose by 0.6% in first quarter of 2024 but forecasters expect economy to grow slowly this yearBusiness live – latest updatesThe UK is officially out of recession after figures showed the economy grew by 0.6% in the...
Read MoreAndrew Bailey says inflation is in line with BoE forecasts but markets view data as pushing back interest rate cutsAnalysis: Sunak hopes of pre-election rate cuts frustratedThe Bank of England governor, Andrew Bailey, has...
Read MorePredictions for when Bank of England will start lowering cost of borrowing pushed back Business live – latest updatesThe UK’s annual inflation rate fell by less than expected in March to 3.2%, complicating the timing...
Read MoreBank of England will examine CPI figure closely when considering possible interest rate cutThe UK’s annual inflation rate fell in March for a second consecutive month, dropping to 3.2% – the lowest level since...
Read MoreBank’s survey finds expectation of 4.5% base rate by end of 2024 amid ‘encouraging signs’ on inflationBank of England policymakers signalled at least three interest rates cuts this year after seeing...
Read MoreState’s one-third share in the bank, now worth about £6.7bn, is left over from the 84% holding taken during the 2008 financial crisisThe UK government will look to raise as much as £3bn-£4bn from selling...
Read MorePre-tax figure of £6.2bn comes as bank confirms Paul Thwaite will take over permanently as chief executiveBusiness live – latest updatesNatWest made its biggest annual profit last year since the 2007 financial...
Read MoreAndrew Bailey says cost of living had been higher than expected in December despite ‘encouraging’ inflation newsUK households face battle to regain former living standardsWhich goods and services have changed most in...
Read MoreDecember figures pose dilemma for Bank of England, dampening hopes of early interest rate cutBusiness live – latest updatesPay growth slowed less than expected in December as workers continued to bid up their wages amid...
Read MoreInflation forecast to temporarily fall below 2% in May as policymakers’ vote on base rate splits three waysBusiness live – latest updatesThe Bank of England has dropped the broadest possible hint that the next move...
Read MoreWage growth fears likely to make Bank policymakers wait before cutting interest rates from 5.25%Bank of England policymakers are expected to hold interest rates at 5.25% when they meet today, but a rapid fall in inflation could...
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Labour and Conservatives say ‘long overdue’ measures ‘improve standards
Exclusive: Report recommends ‘double lock’ for those renewing their
Rishi Sunak says Belfast judgment will not affect his
Proposal, attacked by homelessness charities as dehumanising, had provoked