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Ben Bernanke blasts Bank of England over botched economic forecasts

In a scathing report, former US Federal Reserve chairman Ben Bernanke took aim at the Bank's 'out of date' software and 'deficiencies' when tracking future inflation levels.

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Ben Bernanke blasts Bank of England over botched economic forecasts

In a scathing report, former US Federal Reserve chairman Ben Bernanke took aim at the Bank's 'out of date' software and 'deficiencies' when tracking future inflation levels.

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Experts predict when interest rates will drop as Bank of England holds rates

EXCLUSIVE: There could be several rates cuts this year, analysts have said.

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We need more serious conversations about both tax and spending

The UK’s economic problems clearly run deep, and tax cuts alone will not fix them, argues Julian Jessop

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Jeremy Hunt is urged to stick with plans for substantial tax cuts

The Chancellor was under pressure to get the economy back on track with his spring budget after the UK slipped into a recession and the 'headroom' for cuts halved.

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Jeremy Hunt 'drops plan to slash income tax by 2p' in the Budget as the UK slips into recession and halves Chancellor's 'headroom' for cuts next month

The Chancellor is said to have backtracked on moves to reduce the basic rate from 20 per cent to 18 per cent in a pre-election move to boost economic growth.

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Investors bet on three rate cuts this year as the UK economy tips into recession

At the end of a week of crucial economic data, the Bank of England is now expected to lower healine borrowing costs from 5.25% to 4.5%.

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Inflation relief keeps hopes of rate cuts alive: Andrew Bailey hails 'good news' as key measure holds steady at 4%

Fresh figures from the Office for National Statistics will be met with a sigh of relief by Bank of England Governor Andrew Bailey (pictured)

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Pound to Euro: Buyers See Retreat Near 1.17 Ahead of UK GDP

Pound to Euro: Buyers See Retreat Near 1.17 Ahead of UK GDP
currencynews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from currencynews.co.uk Daily Mail and Mail on Sunday newspapers.

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Britain enters recession as GDP falls for second consecutive quarter

GDP fell 0.3 percent in the fourth quarter of 2023, from October to December.

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