The Bank of England has a target to keep inflation at 2%, slightly lower than the 2.2% recorded in the year to August. From late 2021, it made a series of increases to interest rates in an attempt ...

The Bank of England’s forecast has already been halved from 1.5 per cent to 0.75 per cent. It wouldn’t be a surprise to see a further reduction, perhaps to 0.5 per cent.

The Bank of England will increase the daily limit on its emergency bond-buying programme during its final week.