Articles...
Oct 15 2008
INFLATION hit a 16-year high in September, but economists believe the year-long spiral in the cost of living could soon be over....
Oct 15 2008
INTEREST rates of 3% could be necessary to cope with the credit crunch, according to the Liverpool Macroeconomic Research Group....
Aug 23 2008
THE UK economy’s record run of unbroken quarterly economic growth has come to a halt, according to official figures published yesterday....
Jun 18 2008
THE Bank of England yesterday warned that rising energy and oil prices could push inflation above 4% this year....
May 14 2008
MERVYN KING, the Governor of the Bank of England, came within one-tenth of a percentage point of having to pen a public letter of explanation to Chancellor Alistair Darling after yesterday’s publication of the Consumer Prices Index (CPI)....
Mar 25 2008
A LEADING business group has challenged Treasury growth estimates with its own more pessimistic forecasts of slowing growth and rising inflation....
Jan 30 2008
THE coming days will see a growing clamour as the nation’s business lobbyists demand a cut in interest rates when the Bank of England’s Monetary Policy Committee meets next week....
Nov 14 2007
THE economy is in a double bind. On the one hand, Britain’s economic managers are struggling to prevent the credit crunch from plunging the country into recession....
Aug 15 2007
HOMEOWNERS breathed a sigh of relief yesterday after a sharp decline in inflation boosted the case for the Bank of England to freeze interest rates a little longer....
Jul 11 2007
LAST week’s decision by the Bank of England’s Monetary Policy Committee (MPC) to raise UK interest rates to 5.75% – the highest level for six years – was seen as a necessary move in the battle against inflation....
