Customers are being advised to check their £1 coins carefully
Governor says Bank’s actions should be recognised, amid criticism from Brexiteers
If we deem every ethical or religious assertion a trump card – overriding all else – in public policymaking the system will fall apart; it would be an open invitation to every crank and zealot to demand special and expensive public recognition for their own particular hobby horse
There has never been a ‘duty of good faith’ to compel banks to act in the interests of their own customers. This has led to the misselling of PPI and the asset stripping of thousands of small businesses
Average pay growth of 2.7 per cent in 2016 is expected to slow to 2.2 per cent in 2016, while inflation rises to 2.7 per cent.
‘In my view, if the real economy remains solid and the pick-up in the nominal data continues, this could soon suggest an increase in the bank rate,’ she said
PwC has “a relatively positive long-term growth projection for the UK” as a result of “favourable demographic factors and a relatively flexible economy by European standards”
Ipsos Mori spoke to some of Britain's biggest businesses and its findings suggest the economy could be heading for choppier waters than forecasters fancy
Mark Carney said “the Brexit journey is really just beginning”, with “twists and turns” to come.
The Bank upgraded its 2017 GDP growth forecast to 2 per cent, up from 1.4 per cent in November.
In its latest Inflation Report the Bank upgraded its 2017 GDP growth forecast to 2 per cent, up from 1.4 per cent in November
The currency remains around 15 per cent lower against the dollar
The Independent talks to the distinguished economist as he steps down from the Treasury's fiscal watchdog-cum-forecaster
A quarter of consumers expect to see a rise in their wealth in 2017, compared to 21 per cent who thought so last year
The Governor said that if the Bank’s Monetary Policy Committee had not reduced the cost of borrowing by 0.25 per cent last August a quarter of a million UK jobs would have been lost due to lower growth
The disparity in wage levels between people now in work but unemployed a year earlier and those in continuous employment is at its highest since the before the late 1990s