Deprecated: Function wp_make_content_images_responsive is deprecated since version 5.5.0! Use wp_filter_content_tags() instead. in /home/edadbce1/archive.progressivebritain.org/wp-includes/functions.php on line 6114

Bank of England Articles

Inflating expectations

The market reaction to the Bank of England’s latest Inflation Report was muted on the day. Nevertheless, the report has probably given economic optimism at least a short-term boost. The country needs a One Nation economic policy to make sure everyone benefits from...

In review: Budget 2013

George Osborne gave his budget speech having seen his economic credibility eroded over the past year, although he remains in a stronger position than the circumstances suggest he ought to be. Growth was promised as the reward for harsh austerity but it has yet to...

Keeping fighting inflation

It is news to no one that we are living in the toughest economic times for generations. The credit crunch and double-dip recession have pushed household budgets to breaking point. Today’s report from the Bank of England shows that inflation is expected to rise to at...

Building One Nation economics – I

Stephen Beer writes the first of a three-part series for Progress this week on building One Nation economics. Where is the coalition going wrong and how can Labour rebuild its credibility on the issue? --------- The UK economy is in a poor state. Growth remains...