Summary of a post.
- Summary of a post.
Only a week ago, markets had priced the likelihood of a Bank of England (BoE) rate increase at 86 per cent.
In recent times, the contents of a Budget speech have seldom been a watertight secret. Indeed, certain proposals aren’t leaked to the media by accident.
The keys to Number 11 Downing Street are much coveted in British politics, and the role of Chancellor of the Exchequer is one which grants the chosen individual a great deal of power in shaping the future of the UK economy.
3,774 days. 82 Monetary Policy Committee (MPC) meetings. 10 birthdays. All that and more has passed by since the last increase to Bank of England (BOE) rates in July 2007.
Few elements of macroeconomics better underscore the frustrating sluggishness of the recovery than productivity stagnation.
In this blog, we’ve argued time and again in favour of the Bank of England increasing base rates, and always been the first to back Monetary Policy Committee members, who, at varying intervals over the past eight years, have explicitly or implicitly conveyed hawkish instincts.
One of the advantages of pensions is that they can, by design, be very simple from a management point of view.
It is often remarked on the continent that Brits are especially obsessed with home ownership, and that in Europe it is perfectly normal and acceptable for someone to rent an abode for the duration of their lifetime.
Something is brewing at the Bank of England, and, more specifically, within its Monetary Policy Committee (MPC).
