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Errors in hitting central bank goals are likely to be asymmetric with a drift upwards that leads to recession
Cash savings rates are attractive, but may not pay off in the long term
Pound falls to six-month low after decision signals possible peak in borrowing costs
Policy rate kept at 5.25 per cent as evidence grows of slowing inflation
Economists expected higher oil prices to push up inflation
Price tag set to rise to a figure closer to £91bn, according to calculations by the Financial Times
News you can use from the IMF
Chief executive says UK economic environment is ‘accelerating our growth’
Markets and economists anticipate the 15th increase in this cycle by the central bank to be the last
Linking payments to earnings growth is fairer and more sustainable
Powered by algorithms and AI, a growing number of consumer industries are adjusting prices in response to supply and demand
Central bank receives worst rating since 1999 ahead of vote on new interest rate rise
Rishi Sunak and Jeremy Hunt will soon learn painful lesson that haunts Joe Biden in US
UK’s biggest pub company to charge more for pints during peak hours to offset high costs
Average pay now growing faster than inflation, reinforcing Bank of England’s concerns
Catherine Mann warns leaving cost of borrowing unchanged risks ‘further inflation persistence’
Latest official data is expected to show price growth picking up again in August
Senior Conservatives say move would create space for tax cuts ahead of election
Bank of England survey provides some relief for policymakers ahead of interest rate decision
Measures targeting salary increases or excess prices would provide the Bank of England with another policy instrument
It must be expected that earnings increases will run ahead of price increases for some time
Huw Pill indicates he will vote to keep rates at 5.25% for longer, pushing back against market expectations
BRC figures for August show cost of food is biggest driver of rises as annual rate drops to 6.9%
After profit warning this week from Crest Nicholson, industry is fearful of a protracted downturn
Economists on either side of the Atlantic should not bet on a ‘soft landing’
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