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Market sell off has ‘UK-specific component’, Bank’s chief economist says

The country’s most senior economist has said that the current economic woes facing the UK are in part home-grown after the Prime Minister blamed them on Russia. Huw Pill, the chief economist at the Bank of England, said there is “undoubtedly a ...

29 Sept 2022 at 18:27

Local News

'It's good news' - New research suggests attempted suicide rates lower in women using contraceptives

New research suggests, attempted suicide rates in women using hormonal contraception are lower than in women not using it. The findings contradict recent studies that had suggested hormonal contraceptives, such as the birth control pill, were ...

07 Jun 2022 at 12:33

City

Bank of England’s chief economist signals support for further rate rises

Interest rates might need to rise further in the future as the economy is hit by high levels of inflation, the Bank of England’s chief economist has said. Huw Pill said the 9% inflation rate – the highest in 40 years – is a “very ...

20 May 2022 at 11:13

City

Interest rate rises should be ‘steady handed’, says Bank’s top economist

The Bank of England’s chief economist has called for a more measured and “steady handed” approach to raising UK interest rates amid uncertainty over sky-high energy prices and inflation. In a speech to the Society of ...

09 Feb 2022 at 16:25

Local News

Electric Picnic issues warning over dangerous pills

The Electric Picnic has issued a warning in relation to high strength ecstasy tablets in circulation onsite. Organisers said “HSE Ireland lab on-site has identified Mybrand Purple skull pills, which is approximately ...

02 Sept 2022 at 23:33

Jury out in trial of men accused of bid to sell Anglo-Saxon coins worth £766,000

A jury has been sent out to consider verdicts in the trial of two men accused of an illegal plot to sell historically-important Anglo-Saxon coins. Craig Best, 46, and Roger Pilling, 75, deny conspiring to sell ...

26 Apr 2023 at 16:22

Someone will have to get poorer to end runaway inflation, says Bank economist

Someone in the UK must accept that they are poorer otherwise inflation will stay persistent, the chief economist of the Bank of England has said. Huw Pill said that people and businesses have responded to ...

25 Apr 2023 at 16:21

Bank of England economist Pill admits poor wording over living standards comment

The Bank of England’s top economist has said he should have been more careful over his wording after he faced criticism for indicating that some British households or businesses “need to accept” they are ...

15 May 2023 at 18:26

Governor says economist chose wrong words with ‘accept you’re worse off’ comment

The Governor of the Bank of England has suggested that the Bank’s most senior economist chose the wrong words when saying that people and businesses should accept they are poorer now because of ...

11 May 2023 at 16:24

Bank’s chief economist says UK economy still set to contract this quarter

A flatlining economy is “somewhat disappointing” but still a significant improvement from the Bank of England’s previous forecast of a deep and prolonged recession, its chief economist has ...

13 Apr 2023 at 16:21

Men facing jail for trying to sell undeclared Anglo-Saxon coins abroad

Two metal detectorists are facing years in jail after being found guilty of hatching an illegal plot to sell Anglo-Saxon coins of “immense historical significance” abroad. Craig Best, 46, ...

04 May 2023 at 02:45

Detectorists jailed over plot to sell valuable Anglo-Saxon coins abroad

Two metal detectorists who hatched an illegal plot to sell abroad Anglo-Saxon coins of great historical significance have been jailed for more than five years. Craig Best, 46, and Roger ...

04 May 2023 at 16:53

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