The Latest Breaking News on Rates probably on hold but all eyes on RBA governor

The National Institute of Economic and Social Research warns it will be another year until UK GDP recovers to where it was before the coronavirus pandemic

The National Institute of Economic and Social Research says the economy will avoid a recession

The National Institute of Economic and Social Research said in its main forecast that the economy will avoid a recession

Nationwide Building Society, HSBC UK and TSB are expected to cut some home loan rates from Wednesday.

Experts believe wages increased at a faster pace than prices in July

Firms have cut back on hiring staff and manufacturing output is at its lowest since May 2020 as supply issues continue, a survey finds

Western economies must adopt industrial strategies, boost R&D and exploit new tech to prosper – Americans realise this better than Europeans

The Bank of England (BoE) has raised interest rates once again to 5.25%, mirroring similar moves by the Federal Reserve and the European Central Bank. The fact that the UK is still suffering from high inflation – higher than either the US or eurozone – made another rate rise appear…

Fewer jobs created last month than expected, but economists hope the US can avoid recession

Today the Bank of England’s Monetary Policy Committee decided to increase the base interest rate from 5% to 5.25%

Rachel Reeves says rise in base rates did not need to happen as government targets halving inflation