A cost of living crisis and fears of stagflation underpin a bearish consensus towards the UK economy and the Pound amongst economists and investors, but some warn it is too early to write off the U…
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The UK economy is close to a recession, but this won't halt the Bank of England raising interest rates says Capital Economics.
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Rising energy bills stemming from the Russian invasion of Ukraine are fomenting a growing ‘cost of living crisis’ that is dominating the domestic conversation and with worse yet to come, the wisdom…
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The Deputy Governor of the Bank of England said further interest rate rises are needed as there is a risk the UK jobs market proves more resilient than the Bank's current expectations.
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"To put it politely, the closer we look into the report, the greater our disappointment with the MPC."
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"The relevant question is whether or not the BoE’s headline-grabbing projections are plausible... in our view, the answer is that they probably are not." - Berenberg.
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Michael Saunders has once again reiterated the case for a bold approach to raising interest rates in an effort to stave off surging inflation.
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