Bank of England is running out of ideas to tackle inflation

‘Sledgehammer approach’

Eve Maddock-Jones
clock • 4 min read

The Bank of England’s latest interest rate hike caught markets by surprise and triggered concerns the central bank could tip the economy into recession in a bid to tackle inflation.

To continue reading this article...

Join Investment Week for free

  • 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 UK

Budget leaks branded 'disappointing' as tax-free cash cut rumour resurfaces
UK

Budget leaks branded 'disappointing' as tax-free cash cut rumour resurfaces

Calls to ‘ignore’ Budget speculation

Isabel Baxter
clock 22 August 2025 • 4 min read
UK inflation rises to 3.8% in July and poses further challenges to BoE
UK

UK inflation rises to 3.8% in July and poses further challenges to BoE

Core CPI also up to 3.8%

Sorin Dojan
clock 20 August 2025 • 2 min read
BoE rate cut boosts UK consumer sentiment to highest level since Autumn Budget
UK

BoE rate cut boosts UK consumer sentiment to highest level since Autumn Budget

S&P Global data

Eve Maddock-Jones
clock 19 August 2025 • 2 min read
Trustpilot