Kate Andrews Kate Andrews

Has the Bank of England done enough to stave off recession?

Governor of the Bank of England Andrew Bailey (Credit: Getty images)
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The Bank of England has held interest rates at their 15-year high for a second time. Markets were expecting another pause, but there was no guarantee: once again the Monetary Policy Committee (MPC) was split on the decision, voting 6 – 3 to hold rates at 5.25 per cent. The minority on the committee were in favour of increasing rates by 0.25

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Owen Matthews

The Ukrainian war can only end in a peace deal

From the magazine
Kyiv In Ukraine, the political mood has become sombre and fractious. As the front lines settle into stalemate, Russia ramps up for a new season of missile and drone attacks, and vital US support for Ukraine’s war effort crumbles under partisan attack in Congress, one existential question looms large. Should Volodymyr Zelensky continue to fight

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