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The Latest Breaking News from Andrew Sentance

Interest rates blame game erupts between Tories and Bank of England, as recession warnings grow

Bank governor Andrew Bailey fights for future – and blames company bosses for fuelling inflation with pay rises

The Independent UK

Rishi Sunak warned of ‘serious shock’ for mortgage holders as Bank of England poised to raise interest rates

Experts warn 1.4m homeowners will see a fifth of their disposable income wiped out by soaring mortgage rates

The Independent UK

Bank of England expected to raise interest rates again after UK inflation only dips to 10.1% – as it happened

UK inflation failed to drop into single-digit levels last month as food prices kept soaring, meaning central bank expected to raise borrowing costs again

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

CBI needs an outsider to lead it through crisis, says former director

Andrew Sentance says lobby group needs ‘major shake-up’ as insurance brokers’ body quits membership

The Guardian - UK

Kwarteng plan to lift cap on bankers’ bonuses infuriates unions

Unite leader deplores prospect of post-Brexit deregulation drive ‘when millions are struggling’

The Guardian - UK

Kwasi Kwarteng planning to scrap caps on bankers’ bonuses

Critics question chancellor’s idea of abolishing rules imposed after 2008 financial crash during cost of living crisis

The Guardian - UK

‘Nobody is in charge’: Tory peer hits out at ministers over inflation

As rate reaches double digits, Stuart Rose calls lack of government action to shield households ‘horrifying’

The Guardian - UK

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Cost of living squeeze deepens as recession looms; Felixstowe port strike dates set – as it happened

Strike action will begin on 21st August after talks failed to produce a reasonable pay offer, says Unite union

People

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