Bank of England

Andrew Bailey, governor of the Bank of England (BoE), has warned that crypto investors could see all their money go as he states unbacked crypto-assets have no intrinsic value.

Sebastian Chambers, author of The A-Z of Inequality, shares his opinion on why the UK government should scrap the Bank of England’s inflation target.

According to investment strategist Mike Harris, the UK is currently “one of the most vulnerable countries in the world right now” due to numerous economic eccentricities.

This week, the Bank of England (BoE) is set to raise interest rates to their highest level in 13 years amid the cost of living crisis.

Bank of England (BoE) governor Andrew Bailey has hinted that UK interest rates may be increased at a slower pace amid concerns that the country may fall into a recession if they are hiked too aggressively.