An analysis of new wealth data by Positive Money illustrates the disproportionate gains between the richest and poorest in the era …
Bank of England & QE
The Bank of England needs to think outside the box
Governor Mark Carney will have to pen a letter to the Chancellor, as inflation figures out yesterday showed price rises of 3 per cent - …
Why diversity is key to the Bank of England’s future
Until recently, central bank independence seemed firmly established among our economic institutions. Now, though, its future looks more …
Bank of England tries to help improve people’s understanding of economics (Financial Times)
Andy Haldane, Bank of England's Chief Economist, said that the Bank of England should embrace simpler explanations, such as calling QE …
To better understand UK banks we have to follow the money
From how UK banks create money to how they managed to lose so much of it in the last crisis, there are some persistent misconceptions that …
“No rate rise without a pay rise” protest at the Bank of England
On Thursday 2nd November, the Bank of England was supposed to announce its decision on raising interest rates. Wages aren’t keeping up …
No rate rise without a pay rise
The markets believe it. As the Bank of England is expected to raise interest rates on Thursday morning for the first time in more than a …
The Bank of England’s boost to wealth inequality is all but impossible to reverse
Should governments have to clean up the damage left by their central banks? In a speech given in December, Mark Carney - echoing a classic …
Official data shows richest gained over £300,000 each in era of QE
Same dataset used by Mark Carney to claim “poorest have gained the most” from QE shows wealthiest have gained nearly 200 times …