Bank of England

How bad is it, Mervyn?

7 October 2011 9:10

Remember when Alistair Darling said that we faced the worst financial crisis for sixty years? Now Mervyn King has trumped…

Another round of Easing

6 October 2011 12:06

So the Bank of England has pulled the lever on a second round of Quantitative Easing. Apparently sluggish economic growth,…

Briefing: QE2

1 October 2011 18:20

Get ready for more Quantitative Easing. This week, Reuters found that economists think there’s a 40 per cent chance the…

Britain’s trillion pound bill

30 September 2011 15:29

Be careful what you wish for, arch Eurosceptics. UK banks are exposed in the Eurozone to an eye-watering £1 trillion. The taxpayers’ fiscal union…

Inflation target missed again

13 September 2011 14:45

Today’s inflation figures remind us of the trouble the Bank of England will have if – as most analysts suspect…

Time for the QE gamble, again

11 September 2011 16:23

It’s time to warm up the printing presses. When growth evaporates and governments feel politically unable to cut spending or…

Darling lifts lid on Brown’s chaotic government

4 September 2011 10:39

Tieless, Alistair Darling appeared on Marr this morning to discuss his memoir. As with so many of these New Labour…

Inflation rises yet again

16 August 2011 12:04

“Inflation destroys nations and societies as surely as invading nations do. Inflation is the parent of unemployment. It is the…

Inflation: cock-up, not conspiracy

14 June 2011 12:03

Britain has the worst inflation in Western Europe; this is today’s story. CPI is 4.5 per cent and RPI is…

Osborne’s "flexibility" explained

6 June 2011 12:02

So what does George Osborne mean by “flexibility”? Do we hear the quiet sound of a gear change, prior to…

The inflation battle heats up

1 June 2011 9:03

He left with a warning. “I think that there is a big risk emerging to the credibility of the Bank,”…

The growing need for a policy response to the ‘new inflation’

31 May 2011 18:22

There’s been much debate on these pages about the political implications of higher inflation. Ironically, this morning’s news of record…

Cable’s punditry could come unstuck

26 May 2011 10:53

“It’s not imminent. But you can see this happening.” So sayeth Vince Cable about the prospect of another global financial…

Inflation bites back

17 May 2011 10:22

  Good job we didn’t unravel the bunting after last month’s inflation figures. Because today we discover that CPI inflation…

Andrew Sentance: interest rates must rise

16 April 2011 10:32

Inflation – the cost of living – is the number one issue in Britain today. It is under-discussed in the…

How the banks were framed

15 April 2011 16:32

A week that started with the Vickers review on banking has closed without another national explosion of banker-bashing. Thank God.…

Panic over? Perhaps not…

12 April 2011 11:31

Is the inflation panic over? After rising for five consecutive months, CPI inflation went down by a 0.4 percentage points…

Inflationary troubles ahead of Osborne’s Budget

22 March 2011 11:05

Unwelcome news for George Osborne: he will tomorrow present his Budget against a backdrop of the highest inflation for 20…

Our monetary policy needs sorting — and quick

10 March 2011 18:50

Today’s decision to leave base rates at an emergency 0.5 per cent — the lowest since the Bank of England…

Duncan warns of oil price rise and King of future financial crisis

5 March 2011 1:31

There are two important political interviews in today’s papers, Alan Duncan in The Times and Mervyn King in the Telegraph.…