Fear grips the markets
After three US banks collapsed in a week, the global financial system is facing a new set of systemic risks.
ByInterest rates
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.
The Bank of Japan’s new governor has the hardest job in economics
Ueda Kazuo faces a more extreme version of the challenge facing the UK: the end of cheap money in a…
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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.
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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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Pressure mounts for Rishi Sunak as interest rates soar
The Bank of England is expected to increase rates by 0.75 per cent today –the biggest single increase for 30…
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The Conservative dream of home ownership will evaporate in a few months
The average first-time buyer will be better off for only five months before higher mortgage payments overtake their stamp duty…
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Could a house price crash tame the UK’s depraved rental market?
What renters really need is more housing supply and more stability.
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The Bank of England is right to hold its nerve
It is not the job of central bankers to bail out a reckless government.
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From the US, the UK’s economic policy appears senseless
In America the view that sterling is now an emerging market currency is not a meme but a widely-held sentiment.
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Why the UK is vulnerable to high interest rates
Britain does not want the fever of inflation – but it is unprepared for the cure.
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The Tories are playing a dangerous game with the Bank of England
A financial crisis is coming and Liz Truss has the air of a gambler who bets the lot at the…
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Can interest rate rises reduce the UK’s “astronomical” inflation?
Inflation is now predicted to rise above 18 per cent, despite six consecutive rate rises by the Bank of England.…
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UK households face worst fall in living standards for 60 years
Household incomes are set to fall by 3.6 per cent in 2022 and 4.3 per cent in 2023.
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The UK is going into recession, and even Liz Truss might not be able to save it
The power politicians and the Bank of England have to bring down inflation is sadly very limited.
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