Bank of England takes forceful action on interest rates to bring inflation down. Consumer price inflation has risen significantly this year and was just over 10% in September, well above the Bank of England’s 2% target. There are several reasons Read more…
BANK OF ENGLAND COMMITTED TO GETTING INFLATION BACK TO 2% TARGET – NO IFS, NO BUTS Lai Wah Co, Bank of England Deputy Agent for Greater London, writes… “The rate of inflation – the speed at which consumer prices are Read more…
BANK OF ENGLAND ACTS TO GET INFLATION DOWN Lai Wah Co, Bank of England Deputy Agent for Greater London, writes… “You probably don’t need the Bank of England to tell you that prices have been rising sharply. The annual rate Read more…
BANK OF ENGLAND ACTING ON INFLATION Lai Wah Co, Bank of England Deputy Agent for Greater London, writes… “The Bank of England’s Monetary Policy Committee (MPC) raised Bank Rate from 0.25% to 0.50% on 4 February. And they said that Read more…
BANK OF ENGLAND SAYS INTEREST RATE RISE LIKELY ‘OVER COMING MONTHS’ ** This article was first published on 18 Nov 2021. Note that on 16 Dec 2021 it was announced that interest rates would rise by 0.25% from 0.1% for Read more…
Matt Gorman, Director of Carbon Strategy, Heathrow reflects on the growing momentum behind decarbonisation as his life’s work is recognised with an MBE in the Queen’s Birthday Honours. I’m delighted to say that I was awarded an MBE in the Read more…
The Covid-19 pandemic has been affecting us all for more than a year now. My fellow Agents and I know that those businesses that rely heavily on being able to have customers visit them in person—for instance, pubs, hotels, restaurants Read more…
The Local Economy The UK is reportedly in a “W” recovery as it is in its third lock down, whilst many other countries are on a “V” recovery whilst China is reporting just over 2% growth. We are to consider Read more…
In the Bank of England’s latest update to West London Business, Lai Wah Co deputy agent for greater London outlines the banks support for the UK economy… The Covid pandemic has reduced levels of economic activity across the UK this year. Read more…
The latest insights from the Bank of England’s Lai Wah Co, Deputy Agent for Greater London. Since the Covid-19 crisis began, the Bank has taken extraordinary measures to support employment and economic activity in the UK. We have cut Bank Read more…
