Peter Spence

Negative interest rates could be necessary to protect UK economy, says Bank of England chief economist

Andy Haldane argues for raising UK's inflation target in bid to give policymakers more 'wiggle room' in fighting downturns - and suggests cash could need to be abolished

The world is defenceless against the next financial crisis, warns BIS

Monetary policymakers have run out of room to fight the next crisis with interest rates unable to go lower, the BIS warns