Latest News

UK minister: We want Bank of England to redouble focus on tackling inflation


UK minister: We want Bank of England to redouble focus on tackling inflation By Reuters

Breaking News


Economy 12 minutes ago (Sep 23, 2022 08:05)

© Reuters. FILE PHOTO: A general view of the Bank of England (BoE) building, the BoE confirmed to raise interest rates to 1.75%, in London, Britain, August 4, 2022. REUTERS/Maja Smiejkowska/File Photo

LONDON (Reuters) – The British government wants the Bank of England to redouble its focus on tackling inflation, levelling up minister Simon Clarke told LBC Radio on Friday.

Asked if the central bank had been ‘asleep at the wheel’ last year on inflation, he said: “No, I don’t believe they were.

“We have confidence in the MPC (Monetary Policy Committee) and we want them obviously to redouble their focus on curbing inflationary pressures and we welcome the action that they’re taking to do so.”

UK minister: We want Bank of England to redouble focus on tackling inflation

UK economic plans are not a gamble – ministerBy Reuters – Sep 23, 2022

LONDON (Reuters) – Britain’s economic plans are not a gamble, levelling-up minister Simon Clarke said on Friday, ahead of a fiscal statement due to set out tax cuts designed to…

New UK finance minister Kwarteng seeks end to ‘cycle of stagnation’By Reuters – Sep 23, 2022

By David Milliken LONDON (Reuters) – New British finance minister Kwasi Kwarteng will detail close to 200 billion pounds ($225 billion) of tax cuts, energy subsidies and planning…

Race to rein in strong dollar is on after Japan intervenesBy Reuters – Sep 23, 2022

By Tommy Wilkes and Nell Mackenzie LONDON (Reuters) -The Bank of Japan’s intervention to prop up a freefalling yen has currency investors speculating about which central bank…

Our Apps

Terms And Conditions
Privacy Policy
Risk Warning

© 2007-2022 Fusion Media Limited. All Rights Reserved.

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

UK economic plans are not a gamble – minister

Previous article

German 10-Year Bond Yield Hits 2% for 1st Time Since 2013 as Euro Falls Further

Next article

You may also like


Leave a reply

Your email address will not be published.

More in Latest News