Bank of England (BoE) Governor Andrew Bailey indicated on Thursday that Bank Rate may already have risen as far as it's likely to as a result of the recent increase in workforce pay and the rebound in core inflation in remarks that were suggestive of risk to market expectations of a further large increase in the months ahead.

July 3,2023

The UK economy continued to slow in June according to a survey that also revealed significant inflationary pressures remain embedded in the economy.

June 23,2023

The inflation situation faced by the Bank of England (BoE) is in one way potentially a sign of things to come for the European Central Bank (BoJ) and any other central banks presiding over monetary frameworks where the transmission of interest rate changes into the real economy is slower than it is in the UK. 

June 23,2023

UK retail sales unexpectedly rose by 0.3% in May according to ONS data released ahead of the weekend.

June 23,2023

The Bank of England has had a "crossing the rubicon" moment and will hike interest rates by a further 100 basis points before the year is done says NatWest Markets.

June 22,2023

By the end of 2023 more than a million households (4% of all UK households) will run out of savings as a result of higher UK interest rates according to research from the NIER.

June 22,2023

The current "shocking decline in the money supply" is being ignored by central bankers, and this could yet result in "financial collapse" warns Albert Edwards, Co-head of Global Strategy at Société Générale.

June 22,2023

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