LGIM: Carney 'throwing the kitchen sink' at the economy

First rate move in seven years

clock • 3 min read

Only 42 days after the UK voted to leave the European Union and with the country's economy on an uncertain footing, many would say the Bank of England has decided to act by throwing the kitchen sink at the problem.

To continue reading this article...

Join Investment Week today

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Economics

IMF revises global growth downwards and inflation upwards amid Iran shock

IMF revises global growth downwards and inflation upwards amid Iran shock

Latest World Economic Outlook

clock 08 July 2026 • 2 min read
OBR warns public finances moving onto 'unsustainable path'

OBR warns public finances moving onto 'unsustainable path'

Pensions could cost 9% of GDP

Alex Sebastian
clock 07 July 2026 • 2 min read
BoE's Catherine Mann: Rate hike could be needed to retain 'credibility'

BoE's Catherine Mann: Rate hike could be needed to retain 'credibility'

Speech at Natixis CIB Private Debt Forum

clock 03 July 2026 • 2 min read
Trustpilot