Monetarists needed to fix the Monetary Policy Committee
Double-digit inflation is the clearest possible indicator that the Bank of England’s current system has failed.
Double-digit inflation is the clearest possible indicator that the Bank of England’s current system has failed.
Neil Collins’ Notebook: Range and pump anxiety are putting off electric car users, and Andy Haldane proves once again why he should have been Bank of England boss.
Neil Collins’ Notebook: The beleaguered MPC moves slowly, Anglo American on the rocks, and nuclear breakthrough stories sow conFusion.
Daily briefing: Critics are accusing the Bank of failing to juggle a faltering economy with 40-year-high inflation.
The Monetary Policy Committee voted against a 0.5 percentage point increase by six votes to three.
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