Commons Confidential: Andrew Bailey’s apocalypse
Your weekly dose of gossip from around Westminster.
ByBank of England
As UK inflation hammers the poor, we need a revolution in policy
Labour should back a plan to cap prices and rents, and cut profits not wages.
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The Tories are trying to blame the Bank of England for our economic crisis
MPs and ministers are looking for a scapegoat for the coming recession.
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It’s time to consider revoking the Bank of England’s “independence”
The bank’s fixation on inflation targets, regardless of the cost to society, is among New Labour’s worst legacies.
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Are the Bank of England’s inflation experts fit for purpose?
As the Monetary Policy Committee faces its greatest challenge, economists ask if it’s constrained by groupthink.
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Why the Bank of England doesn’t want you to get a pay rise
The fact that Andrew Bailey is prepared to warn against pay rises is a sign of how worrying inflation has…
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How high will interest rates go?
Last time inflation was this high, interest rates were at 10 per cent. Could that happen again?
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What does the interest rate rise mean for the UK economy, house prices and savings?
The Bank of England has raised the base rate to 1 per cent to address high inflation.
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