Rouble collapses to record low as Russia fears run on banks
The rouble has collapsed to a fresh record low against the dollar after the West rolled out fresh sanctions against Russia and President Vladimir Putin put his nuclear forces on high alert.
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The rouble has collapsed to a fresh record low against the dollar after the West rolled out fresh sanctions against Russia and President Vladimir Putin put his nuclear forces on high alert.
The UK’s exports to Russia are relatively small – but we will suffer the economic fallout of war
Analysis: some want Bank to play catchup on rates; others say it risks engineering conditions for a recession
The central bank's approach has relied too much on economic modelling and not enough on evidence
A panel of economists have told the Treasury Committee that the timing is wrong to rise the national insurance contributions (NICs).The Treasury Committee heard yesterday (7 February 2022) from economists. It is part of the inquiry into jobs, growth and productivity after Coronavirus.