Bank of England vows to improve diversity after internal review found ethnic minority staff are less likely to be promoted and their white colleagues are paid more Internal review at Bank of England discovered failures in institution’s diversity Ethnic minorities less likely to be promoted and paid less than white colleagues Bank also missed its own … Read more
Bank of England’s chief economist warns inflation could be ‘nearer four per cent than three per cent’ by the end of the year and ‘everyone will lose’ if it continues to spike Andy Haldane said ‘everyone would lose’ if inflation level continues to increase Mr Haldane said inflation could be ‘nearer to 4% than 3%’ … Read more
Inflation rate DOUBLES in a month to 1.5%: Higher energy bills and clothes prices push up the cost of living, new figures show Annual rate of inflation leapt to 1.5 per cent in April, up from March’s 0.7 per cent Rising energy bills and clothing prices key factors in the UK’s surging cost to live … Read more
CPI inflation rate DOUBLES to 1.5% in April amid rising fears prices could soar as economy bounces back from coronavirus The headline CPI inflation rate has risen from 0.7% in March to 1.5% in April The higher-than-expected figure will fuel fears about prices soaring after Covid Bank of England has said there is likely to … Read more
Bank of England Governor Andrew Bailey predicts inflation will spike ‘in the next month or so’ before calming down as UK bounces back from Covid as he reveals he spoke to Rishi Sunak EVERY DAY during worst days of the pandemic Andrew Bailey told peers he expects inflation to increase ‘in next month or so’ … Read more
Britain’s economy will bounce back from Covid-19 like a ‘tennis ball’, putting the country at the top of the G7 growth league, a Bank of England boss says today. Chief economist Andy Haldane says the UK’s recovery will be so strong that as many new jobs could be created as lost this year, meaning ‘little … Read more
Visitors ushered into the inner sanctum of Greensill Capital’s offices on the Strand in central London could have been forgiven for thinking they were meeting a world statesman. Behind the desk of founder Lex Greensill was a wall of photos of the Aussie son of a sugar-beet farmer in the company of political leaders including … Read more
David Cameron texted ministers and officials 62 times as he desperately lobbied for Greensill Capital, it was revealed yesterday. The former prime minister also made 11 phone calls and sent 12 emails to some of the most senior figures in the Government and the Bank of England during the four-month bombardment. He even turned to … Read more
An embattled Sir Keir Starmer tonight rearranged his deckchairs as he chopped and changed his shadow cabinet in a make-or-break reshuffle. In a bold, but not unexpected move, the stumbling Labour leader demoted party favourite Anneliese Dodds from the key role of shadow chancellor. He replaced her with Oxford educated former Bank of England worker … Read more
David Cameron will be grilled by MPs next week over the Greensill lobbying row Finance boss Lex Greensill to appear before the Treasury committee on Tuesday Paid advisor David Cameron urged Rishi Sunak to lend millions to Greensill firm Company subsequently filed for insolvency, threatening thousands of UK jobs By Daily Mail Reporter Published: 22:00 … Read more