“I would say the most important priority in the short term is to kill inflation, because once inflation gets embedded, it’s very, very hard to kill. If it means we have to slow the economy down for a while, and it looks as if we are heading for a recession, then so be it.”
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Railway workers to strike over three days in June
admin, , Business, 0
On the first day of the planned strike on 21 June, London Underground RMT workers plan to walk out...
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Ex-Harrods boss saw ‘abhorrent’ behaviour by Fayed
admin, , Business, 0
Former Harrods chief executive James McArthur witnessed “abhorrent” behaviour from Mohamed Al Fayed, but not sexual abuse, he has...
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BT faces £600m lawsuit over ‘historic overcharging’
admin, , Business, 0
“Ofcom, which has a statutory duty to stop consumer abuses, could have done the same for these customers. Instead,...
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Renters’ rights violations to be investigated
admin, , Business, 0
Since February, the CMA has been engaging with the government’s Levelling Up department, and various consumer rights groups, including...
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Prepay energy customers disconnect over price rises
admin, , Business, 0
Energy firm Utilita has over 800,000 customers, most of them on prepayment smart meters. At the company’s headquarters in...
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Budget removed uncertainty for house buyers, says the Halifax
admin, , Business, 0
“The new mortgage guarantee scheme is another welcome development from this week’s Budget. Whilst mortgage approvals have reached record...
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‘Thrill of investing’ leads young to take risks
admin, , Business, 0
Becky O’Connor, from investment platform Interactive Investor, said: “We want young people to invest – in their pensions and...
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Homeowners ‘tearing their hair out’ over rising rates and rents
admin, , Business, 0
“I really feel for my tenants,” the 64-year-old says. “One of them is really struggling, she pays her rent...
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