The National Institute of Economic and Social Research (NIESR) has urged the Bank of England to raise its key interest rate to around 5%. NIESR predicts that wage demands will rise sharply as inflation peaks in early 2027.

2026-11-11

The National Institute of Economic and Social Research (NIESR) has urged the Bank of England to raise its key interest rate to around 5%. NIESR predicts that wage demands will rise sharply as inflation peaks in early 2027.