BankingCyber attacks risk triggering bank runs, warns IMFApril 9, 2024105The IMF said the risk of significant financial losses from cyber incidents had increased dramatically.It said: “Such losses could potentially...
MortgagesHomeowners on ‘tracker’ mortgages in line to save £300 a monthApril 2, 2024138Paul Dales, chief UK economist at Capital Economics, said the Bank Rate will likely stand at 4pc by the end...
Mortgageshow much has yours risen in 2024?March 28, 202482If you’re due to remortgage soon, you might understandably be concerned about whether you’re going to face much higher mortgage...
BankingPrivate equity binge threatens to trigger financial crisis, warns Bank of EnglandMarch 27, 2024102In minutes from its March quarterly meeting, the FPC said: “The private equity sector, which is closely related to private credit and leveraged lending, plays an...
MortgagesMortgage rates to drop below 4pc ‘within weeks’March 23, 2024155Riz Malik, of mortgage brokerage R3, said lenders hadn’t yet reacted to the latest Bank Rate decision and inflation figures,...
BankingThe Bank of England’s sinister role in pushing Britain into effective bankruptcyMarch 22, 2024108In 1997, after the election of the Labour government under Tony Blair’s leadership, Chancellor of the Exchequer Gordon Brown committed...
BankingUK inflation ‘moving in right direction’ for rate cuts: Bank of EnglandMarch 22, 2024170Story continues below Advertisement Britain's economy is moving towards the point where the Bank of England can start cutting interest...
EconomyRate cuts are ‘on the way’, says Andrew BaileyMarch 21, 2024115Expectations for future wage growth remain at 5.2pc, which Mr Bailey has suggested is not consistent with the Bank’s inflation...
BankingHow Britain’s inflation crisis exposed the Bank of EnglandMarch 17, 2024114Services costs are rising rapidly everywhere you look: care home fees are up by one-tenth. Cinema tickets have risen almost...
BankingScrap the OBR, end the Bank’s independence, and free Britain to thriveMarch 14, 202465The origins of the Bank’s “independence” are, in fact, political, not economic. This “independence” was granted in 1997; done in...