Bussiness

Bank of England forecasts undermined by out-of-date methods, report finds

Posted by April 12, 2024

The Bank of England’s recent record of forecasting inflation and the path of interest rates was undermined by out-of-date methods and a failure to communicate

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Ian King Business Podcast: GDP, motor finance and BP

Posted by April 12, 2024

Newly-released figures suggest the UK will be out of its technical recession early this year, following two quarters in a row of negative growth i

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‘It’s a sun trap’: climate crisis brings boomtime for British…

Posted by April 12, 2024

“We’ve never had frost here,” says Adrian Pike, gesturing across rows of vines just starting to show signs of tiny buds in the weak Kent spring sunshine.W

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Shrewsbury businesswoman set to walk down red carpet after UK…

Posted by April 12, 2024

Bianca Perrett, owner of the mobile business Enchanting Aesthetics in Shrewsbury, has been named as a finalist in the UK Hair and Beauty Awards.She has been sho

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Abu Dhabi state oil company reportedly looked at buying BP

Posted by April 12, 2024

Abu Dhabi’s state-owned oil company reportedly recently explored a multibillion-pound bid for BP, in a sign that depressed share values in London are making e

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‘Once in a generation’ review reveals why Bank of England…

Posted by April 12, 2024

Poor software and bias toward making only small, sequential changes are some of the reasons economic forecasters at the Bank of England failed to

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