Why studying economics is so important | Letters
David Redshaw and Andrew Webb respond to an article by the bank of England’s Clare Lombardelli Clare Lombardelli is right about the problems of economics teaching (‘It’s pretty bad’: Bank of England top official on the lack of female economics students, 5 May), and it’s illustrated right there
Read MoreMood-boosting rate cut is a fillip for Reeves but leaves future uncertain
Split in Bank of England votes muddies waters as to direction of monetary policy in coming months UK interest rates fall to 4.25% as Bank of England announces a quarter-point cut Explainer: what does it mean for mortgages and savings? Business live – latest updates Thursday’s interest rate
Read MoreBank of England backs scheme to put more economics teachers into state schools
Initial training to be offered in north-west England, as report shows disparities in access to the subject The Bank of England is backing a drive to put more economics teachers into state schools, as a report has revealed young people from disadvantaged backgrounds are the least likely to
Read More‘Significant doubt’ revealed over Bank of London’s ability to keep operating
Auditors question if Peter Mandelson-linked firm can raise adequate funding after news of regulator’s investigation The Bank of London, the fledgling clearing bank formerly backed by Peter Mandelson, has revealed it is under investigation by UK regulators, with auditors saying the fallout could throw “significant doubt” over its
Read MoreBank of England governor urges UK to rebuild EU trade ties as key summit looms
After US talks, Andrew Bailey says Britain must do everything it can to improve trading relations with bloc Business live – latest updates The governor of the Bank of England has said that the UK now needs to do everything it can to rebuild its long-term trade relationship
Read MoreBank of England cuts UK interest rates to 4.25% as trade war threatens economy – business live
Bank policymakers split 5-2-2 over this month’s interest rate decision UK interest rate cut: what does it mean for mortgages and savings? Federal Reserve warns of inflation and jobs risks amid Trump’s erratic trade strategy Trump expected to announce framework of UK trade agreement, sources say Sweden’s central
Read MoreUK interest rates fall to 4.25% as Bank of England announces a quarter-point cut
Move follows run of downbeat economic data and looks to cushion UK from Trump’s trade war fallout Explainer: what does it mean for mortgages and savings? Business live – latest updates Bank of England policymakers have cut interest rates by a quarter point to 4.25% to cushion the
Read More‘Greedflation’ fears rise as Bank official warns firms against price hikes
Bank of England’s Catherine Mann wary of ‘pricing power’, with companies looking to rebuild profit margins by hiking prices Business live – latest updates Businesses will need to show they are keeping a lid on prices before there can be further interest rate cuts, according to the Bank
Read MoreTwo trade deals and a rate cut in one week … are things looking up for UK plc?
Analysts say the news boosts business confidence, helps an EU trade reset and shows the UK is a good place to invest – but it’s unlikely to turbo-charge GDP You wait three years for a trade deal and then two come along at once. As of Monday, the
Read MoreUK mortgage lending at four-year high amid rush to avoid stamp duty rise
Figures show a 290% rise in mortgage borrowing, but approvals for new home purchases fell for the third month A rush to get property purchases over the line before last month’s stamp duty rise pushed UK mortgage lending to a four-year high in March, official data shows. Bank
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