The Bank of England should be brave and cut interest rates
Company insolvencies are now at their highest levels since 2009 in the aftermath of the financial crash.
Menu
Company insolvencies are now at their highest levels since 2009 in the aftermath of the financial crash.
The UK government 30 year bond has reach 5 per cent this week, its highest level this century. Here’s why.
The big question is whether rates will return to the lows that prevailed after the financial crisis. There are five reasons they may not.
For the first time in almost two years, the Bank of England has paused interest rate hikes in Britain.
The latest figures should take some pressure off the Bank of England to raise interest rates again when the Monetary Policy Committee meets tomorrow.
There are some recessionary forces already in train such as pressure on public spending and rising stealth taxes.
But an uptick in services inflation hints at stubborn domestic price pressures.
Faster than expected wage growth suggests the Bank of England won’t hesitate to hike interest rates again when it meets in September.
A reduction in rental supply has coincided with soaring demand, causing average asking rents to rise by 33 per cent since the pandemic.
Subscribe to Reaction and receive unlimited access to the site, our daily email with analysis every evening and invites to online events.
© Copyright 2023 Reaction Digital Media Limited – All Rights Reserved. Registered Company in England & Wales – Company Number: 10166531.
