Against all speculation, the bank decided to hold the base rate at all-time lows for another month.
Does a period of unmanageable debt, runaway energy prices, job instability and a choppy green transition sound like an age of optimism to you?
There’s a long list of pre-announcements, but it remains to be seen how much turns out to be smoke and mirrors.
The Bank of England is weighing up the costs of a change.
Short fixes won’t last.
Current wage rises will be short term, and expensive for consumers.
Joe Biden seems to have little appetite for closer economic ties.
Since the 2010s boosting retail has been the government’s primary remedy for better high street health. Without centering the community these street serve, though, plans are likely to fail.
Green bonds also encourage environmental investment elsewhere.
A sales and marketing formula based on a broad range of clothing for all ages at reasonable prices over many years is difficult to change.
We looked at 100 years of Tory and Labour governments to see who was better at producing GDP.
Small-scale stores and flexibility could be key to future shopping habits.
The plan is to achieve growth and level up without while sharply cutting the deficit.
QE has been used for more than a decade since the global financial crisis, but the impact has not been as governments had hoped.
Financial winners in WWI were taxed on their ‘excess profits’ to help pay for the costs of the war on other parts of the economy.
Live music venues must be helped to survive the COVID-19 era.
The chancellor’s plan lacks both the broader reforms and vision needed to tackle the crisis. It also fails to offer any clear plan for recovery.
Why UK government would have been wiser to either stick to pure business subsidies or offer its August restaurant scheme seven days a week.
Why everyone working less could help alleviate the COVID-19 economic crisis.
The bank has so far shied away from negative rates but it is running out of other firepower.