Latest
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Bank of England hikes key interest rate to 4.25%
News The Bank of England raised rates by 0.25% following a surprise jump in inflation.
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UK inflation slows again, but remains near a 40-year high
News Figures from the Office for National Statistics showed CPI fell to 10.1% in January as lower fuel prices started to filter through to consumers.
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ONS: Private sector wages grow faster than expected
News The latest figures from the Office for National Statistics show growth in total pay fell 3.1% when adjusted for inflation.
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Bank of England raises interest rate by 0.5%
News The Bank of England has raised interest rates once again, this time by 0.5%. This takes the bank’s base rate to 3.5%, the highest it’s been since 2008.
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How to prepare your finances for a recession
Analysis The Bank of England has warned we’re probably already in a recession, and it’s due to be one of the longest in recent memory. Here’s what to expect, and how to prepare your finances.
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UK economy shrinks 0.2%. Is a recession on the way?
News The latest figures showed the UK economy shrank by 0.2%, and we seem to be heading for a recession. How will this affect you?
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The Bank of England's gloomy forecast for inflation and the UK economy
Analysis The Bank of England has warned that inflation will peak around 13% this year and the UK will fall into recession. Alex Rankine reports.
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Central banks are on course for recession
News The world’s central banks have found themselves behind the curve on inflation. Acting to tame it now runs the risk of sparking a recession.
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Central banks are divided – so prepare for more turbulence
Analysis Central banks no longer agree on interest rates. The US is raising aggressively, while the UK is taking a more cautious approach and Japan is sticking to its plan of “yield curve control”. John Stepek explains why this matters, and what it means for the markets and your money.
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