Our social development programs are too focused on welfarism and too little on healing the social pain that is overwhelming so many, writes Mamphela Ramphele.
British banks hold enough capital to cope with a simultaneous disorderly no-deal Brexit and global trade war, according to the Bank of England.
UK inflation has fallen to its lowest rate in almost two years in December as the cost of filling up a vehicle plunged.
Political turmoil fanned by Brexit may be the last hurdle for a Bank of England interest-rate increase in August.
The Bank of England will probably keep interest rates unchanged after an economic roller coaster that saw market bets on an increase flip from near-guaranteed to almost no chance.
UK consumers are feeling the impact of faster inflation.
UK inflation has unexpectedly accelerated to the fastest in more than five-and-a-half years in November, forcing Bank of England Governor Mark Carney to explain.
If economists are to be believed, November could be the last live Bank of England meeting for quite some time.
You don’t need to tell UK nurses what this week’s inflation and wage data will show. They say their living standards have been squeezed for seven years.
The UK economy has ended the second quarter on a disappointing note as manufacturing stagnated and the trade deficit unexpectedly widened.
The Bank of England has cut its forecasts for economic growth and wages as it extended keeping its benchmark rate at a record low.
The Bank of England says it was preparing to give lenders greater access to cash borrowing in its latest move to help bring financial stability ahead of Brexit.
The UK current-account deficit has widened more than economists forecast in the second quarter, raising fresh questions about the sustainability of the shortfall as Britain prepares for Brexit.
Increasing investment by firms in technology means the UK’s abysmal productivity growth should soon start to recover, according to a Bank of England staff blog.
Britons were only beginning to use steam engines, canals and factories the last time the UK experienced such a poor decade of productivity.
UK inflation has eased for the first time in six months in December, thanks to the cost of air fares as well as games and toys.
Bank of England officials say they see no need to change how they communicate the outlook for interest rates after the central bank started tightening policy this month.
The Bank of England says policy makers may see the need to reduce stimulus in the near future as it kept the benchmark interest rate at a record low.
UK consumer credit has grown at its slowest pace in more than a year, suggesting that Bank of England action is making households less willing to take on debt.
A sustained spike in mortgage-arrears data published by the Bank of England has left home loan providers in the UK puzzled. Turns out lenders were entering incorrect data.
UK inflation has unexpectedly slowed in June, giving respite to Bank of England policy makers concerned that price growth was getting out of hand.
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