Tuesday, May 11, 2021
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Bank of England more upbeat on UK job prospects after Sunak budget | Interest rates

The Bank of England has become less gloomy about unemployment amid signs that budget measures and a more resilient than expected economy will improve...

Rates may have to rise sooner to tame inflation threat, says Bank economist | Business

Central bank complacency risks letting the “inflation tiger” out of the bag, a senior Bank of England policymaker has said. Adding to market jitters about...

Pound rallies as negative interest rates seen less likely – business live | Business

The Bank of England took a step closer to introducing negative interest rates for the first time on Thursday, after it gave lenders six...

Negative interest rates would not help Covid economy, Bank of England told | Interest rates

Cutting the UK’s official interest rate below zero would fail to boost Britain’s Covid-stricken economy because lenders would increase mortgage costs in response, the...

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