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The Latest Breaking News from Jonathan Haskel

Critic of Osborne’s austerity policy joins Bank of England rate committee

Alan Taylor takes three-year term on Bank’s monetary policy committee and replaces Jonathan Haskel

The Guardian - UK

Bank of England should keep interest rates on hold, says policymaker

Jonathan Haskel warns state of jobs market means inflation is likely to be higher than 2% target ‘for quite some time’

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

The Guardian - UK

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Bank of England ‘could lower interest rates fairly soon’, as City expects only three cuts this year – as it happened

Rolling coverage of the latest economic and financial news, as hawkish BoE policymaker looks for signs that rates needn’t rise further

The Guardian - UK

Bank of England interest rate-setter: 'Nobody could have forseen' double-digit inflation spike in 2021

“Crucially, nobody could have reasonably foreseen this historically unprecedented pattern of shocks,” Jonathan Haskel said

Evening Standard

Mortgage borrowers warned of further rate rises as ANOTHER major lender pulls deals

Santander is the latest major mortgage lender to announce a temporary pause on some mortgage applications, with plans to relaunch its products on Wednesday

Daily Mirror

Mortgage turmoil deepens as Santander pulls loans and interest rates could rise again

Soaring cost of home loans is ‘very important’ issue says HSBC UK boss

The Independent UK

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Bank of England rates-setter says further hikes may be needed

Jonathan Haskel suggests surging borrowing costs for households is a price worth paying to tackle inflation

The Guardian - UK

Mortgage mayhem: NatWest increases rates as Santander temporarily pulls some deals – as it happened

Bank of England policymaker Jonathan Haskel says interest rates may need to rise higher, as mortgage providers raise rates or withdraw deals

The Guardian - UK

Bank of England interest rates announcement to be made in June - what to expect

Experts have warned that inflation may not have fallen low enough to prevent another hike in interest rates

Manchester Evening News

Brexit cost UK economy £29bn with investment ‘stopped in its tracks', Bank of England policymaker says

Jonathan Haskel said UK was an 'extreme outlier' when it comes to facing a slowdown in productivity

Insider UK

Brexit hit UK growth by £29bn, says Bank of England rate setter

Investment in the country since the referendum has ‘stopped in its tracks’, according to a study led by Jonathan Haskel

The Guardian - UK

Brexit cost UK economy £29bn as investment ‘plateaued’, Bank policymaker says

Jonathan Haskel, an external member of the Bank of England’s Monetary Policy Committee, said a wave of investment was ‘stopped in its tracks’ in 2016.

The Independent UK

Deliveroo cutting 9% of staff; Bank of England governor pledges to get inflation down – as it happened

BoE governor Andrew Bailey has warned MPs that paying for public sector pay rises with borrowing could push up inflation

The Guardian - UK

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The Guardian - UK

‘What have we done?’: six years on, UK counts the cost of Brexit

Sectors from fishing to aviation, farming to science report being bogged down in red tape, struggling to recruit staff and racking up losses for the first time

The Guardian - UK

Heathrow asks airlines to cancel 10% of flights, as easyJet cuts summer schedule – as it happened

UK travel chaos deepens

The Guardian - UK

Bank of England chief urges banks to show restraint on bonuses; global stocks recover – as it happened

Bank of England’s Bailey says sanctions pose no risk to UK’s financial sector, as foreign secretary talks about Britain’s plans to stop Russia selling sovereign debt in London

People

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