The Bank of England’s surprise rate rise

Auditors warned Guggenheim Partners about weak controls within its business, and Uber is teaming up with driver unions to try to slow the rollout of robotaxis. Plus, US oil major Chevron and Italy’s Eni are boosting investment in oil production in Venezuela.Mentioned in this podc ...  Show more

An FT investigation found Russia has been secretly helping Iran develop advanced supersonic cruise missiles, the US launched fresh strikes on Iran, and the global bond sell-off deepened on Tuesday. Plus, AI groups are racing to address the risk that future models could help users ...  Show more

The Federal Reserve has spent more than a decade buying up government debt as part of a post-2008 program to support the economy, also known as quantitative easing. Now with inflation reaching record highs, those days are over, and a new era of quantitative tightening is emerg ...

The Bank of England has lifted its main interest rate by a quarter of a percentage point to 4.5 per cent, the 12th consecutive rise since December 2021. But if interest rates are going up, why are some mortgage lenders putting their rates down? Presenter Claer Barrett is joined i ...  Show more

Interest rates rise as the Bank of England warns we’re facing a “sharp economic slowdown”...Adam is joined by Paul Johnson, director of the Institute for Fiscal Studies, to discuss the state of the UK economy and the Bank’s attempts to stem the pace of rising prices.Also… as the ...  Show more

What does a week of turmoil in the banking sector - with the collapse of California’s Silicon Valley Bank and the Swiss state-backed rescue of Credit Suisse - tell us about what central banks will do next with interest rates? And what does it all mean for your money and investmen ...  Show more