At the Jackson Hole bankers’ summit this week, the talk will be of ending quantitative easing – and this time it will be seriousIt is credited with preventing the worst global recession since at least the second world war from turning into something fa…
The Guardian view on the UK economy: stuck in a rut of low growth, and politics is to blame
A remarkable speech from a senior rate-setter at the Bank of England lays bare the terrible predicament the UK is inOne of the big battles likely to be fought at Westminster this autumn will be over interest rates. This may seem an odd subject for a po…
Employers offer golden hellos of up to £10k amid worker shortage
Survey finds 5,000 vacancies, with signing-on bonuses for in-demand roles such as care workers and chefsEmployers are offering signing-on fees of up to £10,000 to tempt “gold dust” applicants as more than 1.1m jobs in the UK remain unfilled, with the p…
To the family choosing whether to heat or eat, the energy cap isn’t ‘fair’ at all
The Ofgem price cap is set to rise to unaffordable levels for households let down by this government’s energy failuresWhen the nights begin to draw in this winter, millions of homes across the country will find themselves left out in the cold thanks to…