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Bank and Rishi Sunak fail to win over investors on inflation fight

Investors are sweating over Britain’s inflation problem running out of control and the Bank of England being unable to solve it.

United kingdomJack barnettGiles coghlanYael selfinJames smithBank governor andrew baileyRishi sunakGetty imagesPrime minister rishi sunak

Rich Brits only group to pocket disposable income rise

The richest households in the UK are the only group to have undergone a disposable income improvement over the last year.

United kingdomHollie adams gettyJack barnettInstitute for fiscalBank governor andrew baileyCentre for businessEconomics researchGetty imagesGovernor andrew baileyFiscal studies

FTSE 100 live: Barclays, NatWest and Lloyds all tumble as interest rate fears amplify

The FTSE 100 was dragged into the red by a sell off among Britain’s largest banks over concerns about how much higher interest rates will go.

City ofUnited kingdomJack barnettMichael hewsonLloyds bankBank governor andrew baileyAsia focused standard chartered

Rishi Sunak: mortgage holders must hold their nerve as rates surge

RISHI Sunak has given the Bank of England his “total support” after it raised interest rates to a 15-year high, telling homeowners and…

Orkney islandsUnited kingdomJohn glenPete wishartLaura keunssbergBen eltonLisa nandyAndrea leadsomHumza yousafJeremy huntEd daveyBank governor andrew baileyPrime ministerChief secretarySky newsChancellor jeremy hunt

Bank of England s shock interest rate move should serve as a wake-up call to Aussies

The Bank of England has shocked the UK public by imposing another massive interest rise for the 13th meetin.

United kingdomPhilip loweKarina recchiAndrew baileyJohn kehoeBank governor andrew baileyGovernor of the bankMonetary policy committeeAustralian financial reviewReserve bankEngland andrew

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