Despite the Bank of England’s hawkish tone, the next interest rate move is likely down With a weak economic outlook and shrinking inflation the Bank risks leaving rates too high for too long The Guardian - UK · Nov 2, 2023
‘A whiff of 2008’: analysts detect danger in Bank of England’s crackdown on inflation With wages growth and job vacancies slowing, the monetary policy committee should hold interest rates again if it wants to avoid storing up trouble The Guardian - UK · Oct 29, 2023
September inflation figures ‘encouraging’ despite CPI failing to fall, Bank of England's Andrew Bailey says Bailey also said wages are still rising too fast to meet the Bank’s 2% inflation target Evening Standard · Oct 20, 2023
Jeremy Hunt issues bleak warning on UK economy at IMF conference Chancellor says high interest rates mean he has had to borrow up to £30bn more than planned Evening Standard · Oct 13, 2023
Doom-laden Hunt gives bleak verdict on UK economy as Bank of England chief warns of ‘tight’ interest decisions The chancellor said the world is in ‘a very dangerous place’, adding that he is ‘focusing on resilience in the face of those shocks’ The Independent UK · Oct 13, 2023
Jeremy Hunt warns of ‘difficult decisions’ ahead as public finances worsen Chancellor rules out tax rises and vows to cut spending in autumn statement as borrowing rises up to £30bn more than forecast The Guardian - UK · Oct 13, 2023
Missouri says clinic that challenged transgender treatment restrictions didn't provide proper care Missouri officials struck back at one of the clinics that unsuccessfully challenged new state restrictions on gender affirming care by filing a new lawsuit accusing the clinic of failing to provide proper care for transgender minors even before the new law took effect last month The Independent UK · Sep 24, 2023
Banking regulator Sam Woods: ‘This is the most intense period since the 2008 financial crisis’ In an exclusive interview, the head of the Prudential Regulation Authority talks about Credit Suisse, the gilt market meltdown – and stress-testing banks for the climate crisis The Guardian - UK · Sep 24, 2023
UK interest rates stay at 5.25% in surprise move by Bank of England The Bank of England announcement comes after inflation unexpectedly fell this week The Independent UK · Sep 21, 2023
Is the Bank of England’s gilts offload a ‘selling gold at the bottom’ moment? City Voices: Andrew Bailey told Parliament last week that interest rates were near the top of the cycle. So why is he so keen to sell gilts? Evening Standard · Sep 19, 2023
Missouri clinics halt transgender care for minors in wake of new state law At least two Missouri health care centers have stopped prescribing puberty blockers and cross-sex hormones to minors for purposes of gender transition, citing a new state law that gives former patients broad leeway to sue The Independent UK · Sep 12, 2023
Challengers seek rewrite of Missouri abortion-rights ballot measures, calling them misleading Advocates are asking a Missouri judge to rewrite what they say are misleading descriptions of abortion-rights constitutional amendments The Independent UK · Sep 11, 2023
Has ‘Barbenheimer’ helped keep the UK economy growing? How an unlikely pairing of blockbusters may have stopped a summer spending washout Evening Standard · Sep 11, 2023
UK firms ‘slow output and rein in hiring as borrowing costs rise’ Survey of businesses gives further indication that Bank of England could limit future interest rate rises The Guardian - UK · Sep 10, 2023
The Guardian - UK · Sep 9, 2023 Now even the Bank of England admits greedflation is a thing Work by Threadneedle Street’s own analysts suggest that firms are intending to keep prices high, despite falling costs
Evening Standard · Sep 7, 2023 NatWest cuts mortgage interest rates for second time in four days It comes after Andrew Bailey yesterday signalled that the Bank of England could soon be finished raising interest rates
The Guardian - UK · Sep 6, 2023 Bank of England governor expects ‘quite marked’ fall in UK inflation Pound falls as Andrew Bailey’s comments call into question need for further interest rate rise
The Independent UK · Aug 25, 2023 Missouri death row inmate who claims innocence sues governor for dissolving inquiry board A Missouri death row inmate is suing Gov. Mike Parson over the governor’s decision to dissolve a board of inquiry that was convened to investigate the man’s innocence claim
The Independent UK · Aug 23, 2023 St. Louis proposal would ban 'military-grade' weapons, prohibit guns for 'insurrectionists' As the St. Louis mayor pushes legislation that would prohibit “military-grade weapons” on city streets and make it a crime for “insurrectionists” and those convicted of hate crimes to possess firearms, Missouri’s Republican attorney general is warning that such a law would violate the state constitution
The Guardian - UK · Aug 16, 2023 Pay rises should be a ‘reward for productivity’, says Rishi Sunak Prime minister also calls for wage growth to be sustainable to help economy grow
Evening Standard · Aug 15, 2023 The Bank of England won’t stop raising interest rates until unemployment is far higher City Comment: Andrew Bailey and Co will feel they have no other choice
Evening Standard · Aug 15, 2023 Wages rising at fastest pace since records began, while unemployment unexpectedly up The news will almost certainly encourage the Bank of England to raise interest rates even further
The Independent UK · Aug 5, 2023 Bank of England governor backs regulator plan to ensure ‘fairness’ for savers The Financial Conduct Authority said it will take action if firms offering the lowest savings rates are unable to justify how they offer fair value.
The Guardian - UK · Aug 3, 2023 Sunak under pressure as Bank signals rates will stay high for months Tory MPs call for targeted tax cuts as Labour criticises 14th interest rate hike as ‘mortgage bombshell’
The Guardian - UK · Aug 3, 2023 More pain in store – tough-talking Bank raises UK interest rates and a few eyebrows Rise to 5.25% comes as no surprise but Bank of England’s language will frighten many