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Bank of England ‘engaging’ with Treasury ahead of October 31 budget plan

Deputy governor of the Bank of England Sir Dave Ramsden has said the central bank is “engaging” with the Treasury over the potential fiscal event on October 31. The deputy governor for markets and banking also told MPs at the Treasury Committee that ...

24 Oct 2022 at 17:34

Bank rate setter says he is now ‘more confident’ about UK inflation

A member of the Bank of England’s interest rate-setting committee has said he thinks UK inflation could return to the target level and stay there for longer than the central bank’s own predictions. Dave Ramsden said the UK is no longer an “outlier” ...

19 Apr 2024 at 16:36

More ‘modest’ rate hikes needed but uncertainty reigns, says Bank deputy

Further “modest” interest rate hikes will likely be needed to cool soaring inflation, but the crisis between Russia and Ukraine has clouded the outlook, according to a Bank of England deputy governor. Sir Dave Ramsden – deputy governor for markets,...

22 Feb 2022 at 13:55

Top UK banks could avoid Government bailout if they fail, Bank of England finds

The UK’s biggest banks could stay open and would not need to be bailed out by the Government should they collapse, the Bank of England has found in an assessment of their crisis planning. Eight major banks and building societies were evaluated ...

06 Aug 2024 at 13:31

Chancellor’s Budget to help bring down inflation from spring, say Bank officials

Policymakers at the Bank of England said they expect Chancellor Rachel Reeves’ Budget to knock as much as 0.5 percentage points off inflation by next spring. Clare Lombardelli, deputy governor of the central bank, pointed towards the ...

09 Dec 2025 at 17:20

Bank’s deputy governor ‘conscious of great hardship’ faced by millions

The deputy governor of the Bank of England has said he is “acutely conscious” that raising interest rates is adding to the hardship faced by millions of households and businesses amid the cost-of-living crisis. Dave Ramsden said ...

24 Nov 2022 at 12:10

Bank of England policymaker warns of rising inflation risk

Bank of England policymaker Dave Ramsden has backed the Bank’s “gradual and careful” approach to rate cuts, pointing to “increased uncertainty” in the economy. Speaking in South Africa on Friday, Mr Ramsden, who is the bank’s ...

28 Feb 2025 at 08:12

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