Latest Issue

Interest rates: Success could lead to failure

Two reports released today show that if the UK's recovery happens too fast, it could create serious problems

By Jay Elwes  

The meeting room of the Bank of England's governing body, the Court of Directors. © Bank of England

The International Monetary Fund today released its World Economic Outlook, a document that contained both good news and bad.

The good news is for Britain—or more specifically, for the Government. The IMF predicts that in 2014, the UK will experience the most rapid economic growth of all the advanced economies. So whereas…

Register today to continue reading

You’ve hit your limit of three articles in the last 30 days. To get seven more, simply enter your email address below.

You’ll also receive our free e-book Prospect’s Top Thinkers 2020 and our newsletter with the best new writing on politics, economics, literature and the arts.

Prospect may process your personal information for our legitimate business purposes, to provide you with newsletters, subscription offers and other relevant information.

Click here to learn more about these purposes and how we use your data. You will be able to opt-out of further contact on the next page and in all our communications.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

We want to hear what you think about this article. Submit a letter to

More From Prospect