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How to prepare your finances for a recessionAnalysis 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 economyAnalysis 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 recessionNews 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 turbulenceAnalysis 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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Interest-rate rises mean more pain for stocksNews Interest rates are rising around the world as central banks try to get inflation under control. That’s hitting stockmarkets – and there is more pain to come.
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The pound slides as the Bank of England warns of stagflationAnalysis The Bank of England raised UK interest rates and warned of soaring inflation and a collapse in economic growth. John Stepek explains what it means for the pound, the economy, and your money.
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The Bank of England has raised interest rates – but with some reluctanceAnalysis As expected, the Bank of England raised interest rates yesterday – but not with any enthusiasm. John Stepek explains why, and what rising rates mean for your money.
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Bank of England raises interest rates to 0.5% and stops money-printing programmeAnalysis The Bank of England has raised the key UK interest rate again – by a quarter of a percentage point to 0.5%. It's also going to cut back on its quantitative easing programme. John Stepek explains what it means for you.
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