Charities, unions and debt experts warn interest rates rise could mean vulnerable people face ‘unmanageable debt’
‘The scarring effects may be felt for years to come, in the form of worse health and unmanageable debts.’
interest rates
People don’t have money to spend – and the government won’t act
The latest economic package won’t provide durable stimulus
Labour, SNP, Lib Dems welcome BOE decision but demand action from Hammond
The bank cut interests rates to a record low and expanded quantitative easing
Jeremy Corbyn makes £500bn investment pledge ahead of interest rates decision
Leader’s ten pledges include ‘full employment and an economy that works for all’
PFI is still crippling our public services
PFI contracts need to be thoroughly investigated, so we can return some of the money to schools and hospitals
Why the Bank of England should not increase interest rates in 2015
The case for keeping interest rates at their current level is compelling.
In Defence of Quantitative Easing
In the absence of fiscal stimulus, that is an injection of government spending, and with interest rates at rock bottom, the alternative to quantitative easing is mass unemployment. We have no choice.
Higher inflation should not lead to an increase in interest rates
Consumer price inflation rose more than expected in April, reaching 4.5% – up from 4.0% in March – according to figures released earlier today by the ONS.
MPC members need to be sure of inflation risks before voting for rate rise
Fortunately, for now a majority on the MPC appear not to be too worried about a permanent increase in inflation expectations, writes ippr’s Tony Dolphin.
The Bank of England is right to focus on the future not the present
The Bank of England is right to focus on the future not the present, focusing on growth and employment, argues ippr’s Tony Dolphin.