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The Latest Breaking News from Huw Pill

Risk of ‘persistent inflation’ could affect rate cuts, says Bank economist

Huw Pill, chief economist at the Bank of England, stressed there has been ‘progress’ in bringing inflation down in recent months.

Evening Standard

Who is calling the shots when it comes to UK wage levels: workers or bosses?

Amid apparent rising pay, economists are concerned about the consequences of a possible shift in the balance of power

The Guardian - UK

Pace of UK interest rate cuts is too rapid, Bank of England chief economist says

Huw Pill says rate cuts could fuel inflation resurgence and urges colleagues to be cautious before making further cuts

The Guardian - UK

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UK interest rate cuts have been ‘too rapid’, Bank’s chief economist warns

Huw Pill said the pace of interest rate reductions since August last year has been ‘too rapid’ given the balance of risks to UK inflation.

Evening Standard

Interest rates falling ‘too fast’ sparking inflation worry, Bank of England’s chief economist warns

Huw Pill said cuts in the Bank of England’s base rate have been ‘too rapid’

The Independent UK

‘Greedflation’ fears rise as Bank official warns firms against price hikes

Bank of England’s Catherine Mann wary of ‘pricing power’, with companies looking to rebuild profit margins by hiking prices

The Guardian - UK

Tariffs not causing ‘dramatic’ shift in UK economy, Bank chief economist says

Huw Pill’s remarks come a day after the Bank cut interest rates to 4.25% and lowered its outlook for UK economic growth next year.

Evening Standard

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Trump’s trade war could pose ‘substantial’ threat to UK economy, says Bank

Although UK may avoid tariffs, overall productivity could be impacted by tit-for-tat tariffs between economies

The Guardian - UK

Bank of England policymaker says job losses will ‘restrain’ inflation rise

Catherine Mann said more job cuts and a slowdown in hiring partly driven by higher company taxes will slow price rises across the economy.

Evening Standard

UK can’t say ‘job done’ on fighting inflation, says Bank of England’s Huw Pill

Chief economist warns that ‘cautious’ approach to further interest rate reductions is required

The Guardian - UK

Bank of England’s top economist dismisses hopes of big interest rates cuts in further blow to Rachel Reeves

Huw Pill warns that ‘we’re not in a situation where we can declare job done’ on inflation

The Independent UK

Bank of England chief economist downplays fears over inflation surge

Huw Pill called an expected rise in inflation this summer an ‘upward blip’ and said it would probably not affect everyday prices longer term.

Evening Standard

UK jobs market cools as businesses warn over budget hit to hiring and prices

Rise in unemployment comes amid concerns over increase in employers’ national insurance contributions

The Guardian - UK

Bank of England chief economist cautions over global economic ‘disturbances’

Huw Pill said the outlook for interest rate cuts depended on there being ‘no big new disturbances to the economy’.

Evening Standard

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The Guardian - UK

Shares in UK retailers fall as sector counts cost of NICs tax rise – as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

Interest rates live updates: Bank of England base rate cut to help slash mortgage bills

Inflation fell below the Bank of England’s 2% target in September for the first time in three years

The Guardian - UK

Bank of England chief economist urges caution over interest rate cuts

Huw Pill’s comments come a day after governor Andrew Bailey raised prospect of ‘more aggressive’ cuts

The Guardian - UK

Dollar strengthens after US beats forecasts with 254,000 new jobs in September – as it happened

Rolling coverage of the latest economic and financial news

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The Guardian - UK

Hopes of interest rate cut dashed by Bank of England economist

Huw Pill says he is uncomfortable with persistence of inflation

The Guardian - UK

Bank of England chief economist hints at summer rate cut; Tesco CEO’s pay doubles to nearly £10m– as it happened

Latest UK labour market report shows more people out of work, or economically inactive, but wage growth remains higher than inflation

The Guardian - UK

UK interest rates are close to a descent – maybe starting as soon as next month

It seems just matter of time before the two MPC members already in favour of a cut are joined off Table Mountain

The Guardian - UK

Bank of England says it could lower interest rates more than expected, but June cut isn’t ‘fait accompli’ – as it happened

Bank of England governor Andrew Bailey is briefing reporters after BoE left UK interest rates on hold again in a dramatic 7-2 split

The Guardian - UK

Bank of England’s chief economist dampens hopes of summer interest rates cut

Huw Pill warns inflation could rebound as UK business survey signals economy strengthened over last month

Evening Standard

Fall in inflation doesn't mean we should cut interest rates, Bank of England's Pill says

Pill also said it would be better for the Bank of England to cut interest rates too late than too early

Evening Standard

The biggest corporate gaffes of 2023

It's that time of the year again. Here are 15 of the City desk's best corporate gaffes of 2023

1 2 3 4 5

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