Who sets our interest rates – the Bank of England or the US Federal Reserve?
The UK is raising rates in line with America, but our economy seems headed in a different direction.
ByInterest rates
Where did America’s recession go?
Six months ago US business executives were warning of an approaching economic “hurricane”, but it has failed to materialise –…
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Good riddance to the buy-to-let landlord
As small-scale owners are pushed out, now is the time to professionalise the sector.
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Why is the Bank of England raising interest rates when inflation has peaked?
The Bank has to account for the long-term effects not only of its own decisions, but also of government policy.
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Are we heading for the next credit crunch?
British companies are avoiding borrowing as they await the Autumn Statement, where the wrong message would be disastrous for the…
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Higher interest rates mean the end of the party for property
As owners are forced to pay double or triple the interest on their mortgage, many will sell up.
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It’s time to stop kidding ourselves the Bank of England can control inflation
Only the government can administer the required medicine of subsidies and price controls.
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Why has the Bank of England raised interest rates when a recession is inevitable?
The Bank’s pursuit of lower inflation means a new economic headache: business closures and much higher unemployment.
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