Bank Of England

The Bank of England has forecast that the U.K. is facing its most prolonged recession since records began. The U.K.’s central bank has warned of tough times ahead amidst record-breaking inflation and surging energy prices. The Bank of England warned that the U.K. was potentially facing its most prolonged recession…

We live in strange times. The same people that vehemently defended massive deficit spending and money printing as the solution to the global economy now blame the turmoil of the UK bond and currency markets on a deficit-increasing budget. I find it astonishing that not one of the so-called experts…

The Bank of England has doubled its daily bond purchase size to £10 billion as the program nears its conclusion. On Monday, the Bank of England announced it’s doubling the size of its daily potential bond buy-back scheme to £10 billion in an effort to reinstate calm to the government…

Market Wrap (Sept 26th — Sept 30th) “We favor the comfort of conviction over the discomfort of doubt” ― Adam M. Grant, Think Again: The Power of Knowing What You Don’t Know A quad 4 recession continues to pound equities to cycle lows as 30% of the S&P is making…

Today there was news that the Bank of England would be doing some more QE (money printing) despite inflation at double digits currently. Wild stuff and a sign things are not well in fiat land. What’s infuriating is the BoE is bailing out BlackRock. I understand that BlackRock as a…

By Josh Ryan-Collins The Bank of England yesterday forecast the longest recession since the Global Financial Crisis of 2008, lasting through the whole of 2023. This will involve unemployment rising from 3.8% to 5.5% and record falls in living standards, accompanied by double digit inflation for most of the period…

Recently, I came across an article in The Times reporting on the outrage and ridicule in response to the Bank of England’s decision to invest in hiring a consultancy to help it “define the essence of the organisation.” As a consultant who engages with brands on this very line of…

Britain’s inflation rate hit 9.1% in May, a new 40-year high and up slightly on the previous month, The Office for National Statistics said Wednesday that consumer price inflation rose slightly from 9% in April, itself the highest level since 1982. Chief economist Grant Fitzner said continued steep food price rises and record high petrol (gasoline) prices were offset by clothing costs rising by less than this time last year, and a drop in often fluctuating computer games prices.