GDP contracts by 1.4% in 2023 but inflation drops sharply over the year
The recovery of the British economy is now "sustainable and self-confirming", according to David Miles, an external member of the Monetary Policy Committee.
Thousands of people who bought into low-risk savings certificates with the government's savings arm have been short-changed due to failings in its computer system, according to the Times.
The worst of the economic downturn is over, but recovery is expected to be painful and sluggish, according to the Bank of England's Monetary Policy Committee.
Long-term fixed-rate mortgages could quickly become a reality for many borrowers if consumer understanding of mortgage products and costs is improved by lenders, David Miles says in his Review published today.