Britain faces a new era of rising inflation and flatlining growth
A hundred days on from the Budget, the Bank slashed its prediction for UK growth this year by half, to just 0.75 per cent, ...
‘High risk’ UK carbon capture projects face funding cuts
The government announced £21.7bn of funding over 25 years for carbon capture in October but the money only went to two regions — in Teesside and Merseyside — leaving projects in the Humber and ...
'New era of stagflation' and 'putrid' figures for Reeves
The Times also says the Bank's alert is a setback for Reeves as it says there was a warning of a new squeeze on living standards. The Bank cut interest rates to 4.5% as it attempts to stimulate the ...