The Bank of England is recklessly driving the UK into a deep recession
Rate rises will do little to control inflation but they will dramatically increase the threat of mass unemployment.
ByReviewing politics
and culture since 1913
Interest rates are the amount of interest, payment from a borrower to a lender of an amount more than the principal sum at a rate, due per period as a proportion to the principal sum. Find all our latest news, comment and analysis on interest rates here.
Rate rises will do little to control inflation but they will dramatically increase the threat of mass unemployment.
By
With more than half of low-income countries at or near debt distress, Western governments should immediately loosen the terms of…
By
UK and US central banks are faced with a dilemma: allow inflation to keep rising, or hike interest rates to…
By
MPs and ministers are looking for a scapegoat for the coming recession.
By
The Bank of England has raised the base rate to 1 per cent to address high inflation.
By
Last time inflation was this high, interest rates were at 10 per cent. Could that happen again?
By
Turks are investing in electronic goods to store value as the currency collapses.
By
With the Bank of England’s chief economist warning inflation could hit 5 per cent, monetary policy is about to get…
By
The threat of a Bank of England interest rate rise looms over the Conservatives’ poll lead.
By