Andrew Bailey

Thousands of London families were dealt a new cost of living blow on Thursday when the Bank of England ordered a 0.5 per cent rise in interest rates to a 14 year high of 3.5 per…
Read More...

The cost-of-living crisis is weighing more heavily on people living in the most deprived areas of England, new official data has revealed.The Office for National Statistics’ (ONS)…
Read More...

Chancellor Jeremy Hunt will promise a plan to weather an economic “storm” as he risks a backlash by unveiling a £54 billion package of tax hikes and spending cuts.He will insist to MPs…
Read More...

The UK was just hours from potential total financial meltdown in the wake of Liz Truss’s disastrous mini-budget, the Governor of the Bank of England has confirmed.Andrew Bailey said the…
Read More...

Homeowners face the biggest single shock on their mortgage bills in over three decades as UK heads into what could prove the longest recession in at least a century.The Bank’s base rate…
Read More...

The Bank of England is expected to unveil the biggest interest rate rise since the 1980s on Thursday as it tries to control the runaway inflation which is battering British…
Read More...

The Bank of England is poised to unveil the biggest hike in interest rates for 33 years next week as the central bank continues its efforts to tame inflation.The key Monetary Policy…
Read More...

The Bank of England is poised to unveil the biggest hike in interest rates for 33 years next week as the central bank continues its efforts to tame inflation.The key Monetary Policy…
Read More...

Jeremy Hunt insisted on Sunday that Liz Truss is still in charge of her Government, as he signalled plans to effectively scrap the economic vision that brought her to power.The new…
Read More...

Jeremy Hunt said that Liz Truss’s mini-budget went “too far, too fast” as the new Chancellor effectively signalled the demise of the Prime Minister’s economic vision.Political and…
Read More...