Bank Of England

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European Central Bank president Mario Draghi

Last autumn it looked as if interest rates would start to rise this year, for the first time since the economic crisis. September had been pencilled i(...)

A 2016 Iona Institure report found that unskilled workers are only half as likely as professionals to be married – 66 per cent compared to 32 per cent Photograph: iStock

The Iona Institute, of which I am a patron, has published research based on the 2016 Census, which shows not only that marriage rates are much lower a(...)

Compared with a year earlier, Britain’s economy was 1.4 per cent larger. Photograph: iStock

Britain’s economy grew at its weakest pace in half a year in the three months to November as factories suffered from tough global trade conditions and(...)

The latest estimate from EY says that £800 billion in assets would move, a fraction of Britain’s £8 trillion banking sector.

Assets worth nearly £800 billion ($1 trillion) are being moved from Britain to new financial hubs in the European Union ahead of Brexit, consultancy E(...)

Photograph: iStock

UK manufacturers reported a near-record increase in stockpiling during December as uncertainty over the outcome of the Brexit negotiations reached fe(...)

British prime minister Theresa May insists delivering the deal agreed with Brussels remains top priority but her government has decreed emergency no-deal plans must now be implemented. Photograph: Dominic Lipinski/PA Wire

“Just because you’ve put a seatbelt on, it doesn’t mean you should crash the car.” That, according to the numerous leaks that have marked British cab(...)

Theresa May’s cabinet agreed to ramp up preparations in case MPs were to reject the withdrawal agreement next month. Photograph: Leon Neal/Getty Images

The European Union will on Wednesday publish contingency plans for a no-deal Brexit, a day after Theresa May’s cabinet agreed to ramp up preparations (...)

European Union and British reforms introduced in the past two years to increase audit market competition ended up with companies switching between the Big Four rather than hiring smaller rivals. Photograph: iStock

Britain needs a new watchdog to shake up the country’s “Big Four” accounting firms and reduce their dominance of the market for auditing companies’ bo(...)

A trader at CMC Markets in London: financial markets are being subjected to a daily barrage of mixed Brexit headlines. Photograph: Henry Nicholls/Reuters

Currency traders in London, preparing for an all-nighter on Tuesday as Theresa May’s EU withdrawal agreement was supposed to come before the UK parlia(...)

A demonstrator carries a combined British and EU flag during an Anti-Tommy Robinson and Ukip rally in central London on December 9th, 2018. Photograph: Dylan Martinez

Most economic forecasts tend to say the same thing and most tend to be wrong. In the case of Ireland, the situation is further complicated by multinat(...)

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