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  1. September 4, 2014

    Bank of England keeps interest rates on hold

    The Bank of England remains unconvinced of the case for interest rate rises as its rate-setting body voted for no change...

  2. August 20, 2014

    MPC Kremlinology back in style as rebels break ranks

    Catch the news about the Monetary Policy Committee out of the corner of your eye, and you’d be mistaken for thinking...

  1. August 20, 2014

    A split emerges in Threadneedle St

    In his first year as governor of the Bank of England, Mark Carney has never faced dissent within the Monetary Policy...

  2. August 20, 2014

    Bank of England unanimity on rates crumbles

    The Bank of England has moved a step closer to ending the era of ultra-low borrowing costs after two of the nine Monetary...

  3. July 1, 2014

    UK productivity data remain weak

    Britain’s weak labour productivity performance continued in the first quarter of the year as the increase in the number of...

  4. June 26, 2014

    Poor productivity is no puzzle

    Ian McCafferty, an external member of the Bank of England’s Monetary Policy Committee, believes “Britain’s ‘productivity...

  5. June 19, 2014

    MPC member Ian McCafferty argues for early rate rise

    Britain’s “productivity puzzle” will persist as the economy recovers because much of the decline in output is structurally...

  6. June 9, 2014

    UK rates rise decision ‘more balanced’

    The decision over whether to raise interest rates is “becoming more balanced” but the UK economy can still grow “a little...

  7. Money Supply

    February 25, 2014

    The BoE's monotone communications

    Once upon a time, the Bank of England’s Monetary Policy Committee sounded like a group of nine individuals with differing...

  8. January 22, 2014

    UK investment recovery at ‘early stages’

    Britain is in the “very early stages” of a business investment recovery that should make the economy’s growth spurt more...

  9. FT Alphaville

    February 20, 2013

    A Minutes worth of sterling freefall [updated]

    Here’s the dovish BoE minutes that started sterling sliding (click through for the pdf): The minutes put the MPC far closer...

  10. January 18, 2013

    Weak demand blamed for drop in productivity

    The newest member of the Bank of England’s rate-setting monetary policy committee has blamed weak demand for the drop in...

  11. September 19, 2012

    Cash-return hopes lift AstraZeneca

    Cash-return hopes gave AstraZeneca its biggest gain in six weeks as the FTSE 100 rallied. The drugmaker rose 1.9 per cent to...

  12. September 16, 2012

    Economic outlook: UK stimulus clues

    There will be fresh insight into the Bank of England’s thinking on economic stimulus this week as the minutes from its...

  13. September 11, 2012

    MPC member launches defence of gilt purchases

    The Bank of England’s current strategy of using large-scale gilts purchases to help boost demand within the economy is not...

  14. Money Supply

    September 11, 2012

    The new man on the MPC

    Ian McCafferty, who has replaced Adam Posen on the Bank of England’s Monetary Policy Committee, appeared before the House of...

  15. Money Supply

    July 6, 2012

    The week ahead in central banking

    Our week ahead email helps you to track the most important events in central banking. To see all of our emails and alerts...

  16. July 6, 2012

    CBI’s McCafferty appointed to MPC

    Ian McCafferty, chief economist of the CBI employers’ organisation, was appointed on Friday to the vacant position on the...

  17. June 29, 2012

    Financial services sector sheds 11,000 jobs

    The financial services industry cut 11,000 jobs in the three months to June – all in banking – as concern about economic...

  18. February 23, 2012

    Outlook improves for UK manufacturers

    Britain’s manufacturing sector saw a solid rise in orders in February, according to an industry survey, with export orders...

  19. February 13, 2012

    CBI says economy has turned corner

    Britain’s economy is growing again and will gather strength as the year progresses, although not fast enough to stop the...

  20. January 8, 2012

    Financial services braced for bumpy year

    Banks will try to pass on higher regulatory costs to customers this year as the financial services industry braces for a...

  21. January 2, 2012

    Reasons for poor productivity remain a puzzle

    Feeble output but relatively strong employment levels since the financial crisis started in 2007 have created what officials...

  22. December 20, 2011

    Business fears fallout from tax dispute

    Business is “very worried” about the potential fallout from a row over corporate tax disputes, the CBI warned, adding that...

  23. December 15, 2011

    CBI survey shows manufacturing weakness

    Orders for goods in the UK’s manufacturing sector fell further in December, according to a closely watched survey, and firms...

  24. November 28, 2011

    Retail jobs cut at fastest pace in two years

    Retailers are cutting jobs at the fastest rate in two years as sales continue to fall in the run-up to Christmas. The...

  25. November 28, 2011

    More gloom in services sector

    Pessimism continues to depress the UK services sector, a survey released on Monday reveals. Consumer services are...

  26. November 8, 2011

    CBI urges road-building boost

    The CBI is urging George Osborne to bring forward state-funded road projects in his autumn statement and do more to unlock...

  27. October 26, 2011

    Manufacturers expect output to fall

    Manufacturers expect output to fall in the next three months after two years of growth, according to a business survey that...

  28. October 2, 2011

    Financial services set to shed 8,000 jobs

    The UK financial services sector is set to shed 8,000 jobs over the next three months as turmoil in global markets damps...

  29. September 22, 2011

    CBI data add to fears on recovery

    Manufacturers’ order books are shrinking and their stocks of goods are piling up, according to a survey from the UK’s...

  30. August 1, 2011

    CBI lowers UK growth forecast again

    The surge in commodity prices and erosion of business confidence is leading to sluggish economic growth, according to the...

  31. July 27, 2011

    Manufacturers most downbeat in two years

    Optimism among UK manufacturers has fallen for the first time in two years, with employers planning to cut workers and...

  32. July 26, 2011

    Meagre growth puts pressure on Osborne

    George Osborne is facing mounting pressure to accelerate tax cuts and step up supply-side reforms, after new data showed the...

  33. July 4, 2011

    Recovery falters in finance but jobs flourish

    The recovery of financial services’ business volumes slowed in the second quarter but employment grew at its fastest pace...

  34. June 21, 2011

    CBI reports ‘healthy order books’ for manufacturing

    Manufacturing orders remained strong in June, according to the CBI’s survey of businesses, but future activity is expected...

  35. May 9, 2011

    CBI upbeat on private sector growth

    The CBI has declared itself “rock solid” behind the government’s austerity programme and says private sector growth will...

  36. May 3, 2011

    Sales pick up though High Street still weak

    Shoppers flocked to UK high streets in April, buying more than they did one year earlier, but overall sales are considered...

  37. March 30, 2011

    Retailers gloomy despite sales pick-up

    High street sales were more buoyant than expected in March, according to a survey, but many retailers said demand was slow...

  38. February 24, 2011

    Services groups record differing fortunes

    The fortunes of companies in Britain’s services sector diverged further in the past three months, with those serving...

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