UK inflation hits 3.1% but has it peaked?
November inflation has breached the 3% mark for the first time in nearly six years, but has it reached its peak?
Mark Carney
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Carney under pressure as inflation hits five-year high
UK Inflation hit a five-year high of 3% in September, making the prospect of Bank of England (BoE) raising interest rates next month even more likely.
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PA ANALYSIS: What does future hold for BoE independence?
The Bank of England conference, held to mark 20 years of independence, brought stark warnings that the same independence might not last under the threats posed from populism, quantitative easing and public mistrust of institutions.
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BoE hires deputy governor and chief operating officer
The Bank of England has appointed David Ramsden as deputy governor for markets and banking, and Joanna Place as chief operating officer.
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Volatility spikes and bonds sell off on central banks’ hawkish sentiment
Volatility spiked and European bonds sold off heavily during a week in which markets were caught short by the European Central Bank’s hint at tapering monetary policy.
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PA ANALYSIS: Time for Carney to change the rate record
It turns out Mark Carney is a man for turning after all, and it’s about time the bank governor realised the time has come to change tack with the UK economy.
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Pound surges as Carney hints at rate rise
Mark Carney’s hint that UK interest rates could rise sooner rather than later sparked a surge in the price of sterling on Wednesday afternoon.
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Draghi ‘confident’ about QE effectiveness as Carney frets over UK consumer
ECB president Mario Draghi delivered an upbeat message on the eurozone recovery on Tuesday as BoE governor Mark Carney addressed concerns over the level of household debt.
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Sterling plummets on Carney rate hike rejection
Sterling fell on Tuesday morning in reaction to Mark Carney’s claim that “now is not yet the time” to hike interest rates in the UK.
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Kames’ Roberts: Central banks stuck by “mother of all asset bubbles”
Mark Carney should admit central banks have created the “mother of all asset bubbles”, according to Kames Capital.
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May reveals Brexit plan as inflation jumps and Carney hints at rate rise
Inflation in the United Kingdom economy climbed to 1.6% on an annualised basis in December, up significantly from 1.2% in November.
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Government launches monetary policy inquiry
The effectiveness of monetary policy implemented in the aftermath of the 2008 financial crash will be the focus of newly-launched government inquiry.
