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Szu Ping Chan

Reporter · US

Indexed articles, last 90 days
4
Latest publication
Sep 25, 2026
Outlet visibility, for Aol
Top 5K sites
Earliest in this view
Sep 15, 2026

Latest articles

  1. Article · Sep 25, 2026 · Szu Ping Chan

    Bank of England chief warns of interest rate rises - AOL (opens the original)

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    Andrew Bailey, the Bank of England Governor, has warned that interest rates may have to rise despite a weakening economy. Mr Bailey said officials “can’t afford to wait” for clear evidence that soaring energy prices are feeding through the economy because it would be “too late”. While Mr Bailey said the response to higher prices had so far been “quite subdued”, he warned that a prolonged shock would make it more likely that businesses would raise prices or workers would ask for higher pay. This

  2. Article · Sep 24, 2026 · Szu Ping Chan

    Bank of England deputy warns of rate rises if war drags on - AOL (opens the original)

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    Interest rates will have to rise later this year if energy bills keep surging, a Bank of England official has warned. Clare Lombardelli, a deputy governor at the Bank, said it was “increasingly likely” that rates will be increased from their current level of 3.75pc if soaring oil prices continue to squeeze household budgets. Ms Lombardelli said the case for raising interest rates was mounting, despite concerns about a weakening economy. Speaking at a conference in Poland, she added that business

  3. Article · Sep 24, 2026 · Szu Ping Chan

    Healey considers smaller Budget headroom to avoid tax rises - AOL (opens the original)

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    John Healey is considering accepting a smaller financial buffer against future economic shocks in his upcoming Budget as a way to reduce the need for tax rises. The Treasury and No 10 are debating whether to allow for a lower level of fiscal headroom – the margin by which the Chancellor can meet his financial rules on spending and borrowing – than was forecast in March. This would lessen the need for tax rises or spending cuts to balance the books in October’s Budget, the Financial Times reporte

  4. Article · Sep 15, 2026 · Szu Ping Chan

    Bank of England to overhaul debt sales amid bond market turmoil - AOL (opens the original)

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    The Bank of England is poised to halt its sales of long-term government debt as soaring borrowing costs pile pressure on the Chancellor. Officials at Threadneedle Street have drawn up plans with the Treasury and Debt Management Office (DMO), which issues bonds on behalf of the Government, to overhaul its money-printing programme. Under the plans, the Bank will stop selling 20 and 30-year gilts – as UK government bonds are known – that it amassed as it attempted to stabilise the economy during th

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