The Bank of England will not have to raise interest rates as high as previously feared following the recent interventions by the UK's new finance minister.

October 17,2022

The UK economy shrank notably during August in an outcome that leaves GDP on course for a quarterly fall that would come sooner than many forecasters had anticipated and which could challenge the credibility of market-implied expectations for the Bank of England (BoE) Bank Rate.

October 13,2022

The Bank of England's (BoE) plan to curtail its emergency intervention in the government bond market at the end of this week could deepen a pending recession and impair the credibility of UK institutions if it comes too soon for the pension fund sector to handle, according to Oxford Economics.

October 13,2022

The UK economy contracted at its fastest pace since April in a poorer-than-expected August performance that took economists by surprise and which indicates that growth will likely be negative for the third quarter overall. 

October 12,2022

Strong labour and wage data out of the UK suggests the Bank of England has little choice but to continue raising interest rates in order to stem demand and ultimately lower inflation.

October 11,2022

The cost of the government's headline Energy Price Guarantee could become costless should wholesale gas prices keep falling, shows a new analysis from a well-known high-street bank.

October 7,2022