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Beleaguered Pound in Retreat Again After UK Government Slapped by Stinging Criticism from The International Monetary Fund

The pound was in retreat again after stinging criticism of the UK by the IMF over its handling of economic policy. Sterling dropped ...
By Susannah Streeter28th September 20220
Budget 2020
Finance

A Fireworks Budget Sparks Worries About High Government Borrowing Costs

Kwasi Kwarteng has set off fireworks with this budget, which collides with the Bank of England’s efforts to dampen down inflation, while sparking ...
By Susannah Streeter23rd September 20220
Finance

Tug of War Begins Between The Government & The Bank of England

The starting whistle has been blown on the economic tug of war between the Bank of England and Liz Truss’ government. This is ...
By Susannah Streeter22nd September 20220
Liz Truss
Finance

Trussenomics Risk a Fresh Tangle of Problems for The UK Economy

Some of the promises Liz Truss has scattered on the campaign trail may flutter away once she takes office and the cold reality ...
By Susannah Streeter5th September 20220
UK Gov - Energy
Finance

Clamour Intensifies for Government to Deliver Targeted Help to Avoid a Catastrophic Winter for Households

EU natural gas prices have risen like a rocket this summer and although they’ve retreated a little from a peak earlier in the ...
By Susannah Streeter24th August 20220
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Summer Euphoria Fizzles Out & Economic Problems Mount for France & Germany

The summer party in the equity markets seems to be coming to an abrupt end as hard-line central bank policymakers hover as unwelcome ...
By Susannah Streeter23rd August 20220
Data Trend
Finance

Rate Hikes Set to Stay While Retailers Feel Pain of The Cost-Of-Living Crisis

The United Kingdom is on go-slow with strikes crippling the rail network over the next three days, adding yet another layer of frustration ...
By Susannah Streeter18th August 20220
Bank of England
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Relentless Rise Upwards in Prices Continues as Inflation Bubbles to a Four Decade High

The relentless rise upwards in prices continues, with little sign of a break for consumers who are desperately trying to make ends meet. ...
By Susannah Streeter17th August 20220
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UK Unemployment Rate Holds Steady at 3.8% Amid Signs the Jobs Market Is Cooling

A slick of worry is growing about the darkening prospects for global growth as economies slow around the world, pushing down oil prices ...
By Susannah Streeter16th August 20220
Bank of England
Finance

UK Inflation Lifts to the Scorching Rate of 9.4%, Highest Since 1982

With inflation running at 9.4% there is no escaping the heat in the economy and it’s going to make policymakers at the Bank ...
By Susannah Streeter20th July 20220

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    • Base Rate hold at 3.75%

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