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The Latest Breaking News from Bundesbank

Thousands of Londoners face £10k mortgage blow as interest rates soar

Bank of England independence was no one’s first choice. Margaret Thatcher never did it, John Major preferred to devolve power to the German Bundesbank than grant it to Threadneedle Street. Because the power to set interest rates is an awesome one.

Evening Standard

German central bank sees signs of recession 'multiplying'

Frankfurt (AFP) - The German central bank said Monday it was increasingly likely that Europe's largest economy would shrink for a "prolonged" period as Russia throttled energy supplies to the continent.

AFP

Why Black Wednesday still matters – it was the start of markets telling politicians what to do

I spent Black Wednesday – the day the markets successfully bet against the power of the British government to prop up the pound sterling – on the 28th floor of Dresdner Bank’s headquarters in Frankfurt. I had just been hired as an exchange-student intern in the back office for currency…

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Market slide as US inflation hits 8.6%; UK families cut back on food – as it happened

Rolling coverage of the latest economic and financial news, as US consumer prices rise at their fastest pace since 1981

The Guardian - UK

Cost of living crisis hits household confidence; UK trade with Germany falls; FTSE 100 at two-year high – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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