Bank says decision to leave the EU will lead to lower growth, higher inflation, fewer jobs and ordinary people worse off
The Big Questions: Will your mortgage repayments fall, will your savings earn less interest, and will this stimulus really help the economy grow?
A dramatic set of figures show UK economy will virtually grind to a halt because of decision to leave the EU
Bank of England cuts rates and launches £170bn stimulus as it forecasts post-Brexit vote collapse in growth
Kevin Dowd, professor of finance and economics at Durham University, argues the Bank’s tests, which model various adverse economic scenarios, have a series of 'fatal flaws'
Growth in the three months to June was 0.6 per cent, up from 0.4 per cent in the first quarter
Baroness Ros Altmann, the outgoing pensions minister, said that negative rates could be 'very dangerous'
Latest Purchasing Managers Index shows ‘dramatic deterioration’ with economy shrinking at fastest rate since 2009
Experts think UK CPI inflation will hit 3% in 2017
"The whole thing is literally unbelievable," the chief executive of Old Mutual Global Investors said
‘I do not have any sense that either consumers or business are panic-struck and…there have been no material signs of financial panic,’ he said.
Mr Hadane’s dovish speech sent sterling down almost a cent against the dollar to $1.3346.
The rally came even amid expectations that the Bank of England will cut its benchmark rate for the first time since 2009 to support the economy from the Brexit fallout
The Bank of England would be wise to delay a decision on interest rates, but Mark Carney's indications mean there is more than an 80 per cent chance of a cut this week – not to proceed now would cause an economic shock
Economists think Mark Carney and the Monetary Policy Committee will cut rates from their current historic floor of 0.5 per cent to just 0.25 per cent tomorrow. But what will such a reduction mean for UK borrowers, savers, workers and families?
Tim Martin accused Christine Lagarde and Mark Carney of 'irresponsible doom-mongering'