The European Central Bank warned that bank losses in the Eurozone will continue to rise as high rates of interest hit households, businesses and companies. ECB Vice-President Luis de Guindos stated
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Andrew Bailey warned the markets not to underestimate the UK’s persistent inflation, and emphasized that he expects the Bank of England to keep interest rates at high levels for a
A top investment bank warned that the Bank of England’s decision to sell off government bonds costs taxpayers £15bn a yearly and limits Jeremy Hunt’s ability to reduce taxes. Deutsche
The scale of the interest rate hikes has not yet been fully felt, so optimism may be short lived. The British economy seems to have escaped a bullet. is not
