Business Daily Media

The Times


.

I've been analysing the Bank of England's forecast over the past two years – here's how they got it wrong

  • Written by: Costas Milas, Professor of Finance, University of Liverpool

The Bank of England (BoE) has been strongly criticised for failing to predict the surge in inflation. Had it done so, it could have reacted more quickly and prevented inflation from rising as high as 11% in autumn 2022.

The bank acknowledges this failing and has asked former Federal Reserve chairman Ben Bernanke to lead a review of its forecasting...

More Articles …

  1. How AI and AR could increase the risk of problem gambling for online sports betting
  2. Fast fashion's waste problem could be solved by recycled textiles but brands need to help boost production
  3. Dumb Money really does show how the little guys won against Wall Street – a 'meme stock mania' expert explains
  4. Russell Brand allegations are leading to renewed scrutiny of the endemic bullying and harassment in the TV industry
  5. Rising costs and delays don't necessarily mean HS2 is failing – an expert in new infrastructure development explains
  6. Big businesses say they are helping to restore ecosystems – but proof remains elusive
  7. City watchdog finds no evidence for recent political 'debanking' – but private banks have been picky for centuries
  8. Bankruptcy is spiking among UK borrowers – but there are debt relief options if you are struggling financially
  9. Shops and restaurants can help blur class lines but interactions may not be meaningful enough to boost social mobility
  10. why it's more likely to win the 2024 election than many people think

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...