The Bank isn’t just administering the wrong dose – it’s prescribing the wrong medicine
Furthermore, if the Bank succeeds in engineering a full blown recession, with unemployment rising sufficiently to cause people to fear...
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FTSE 100 Live: ‘More pain ahead’ — Bank of England hikes rates to 5%
1687441620 “Mortgage holders need to prepare for more pain ahead"Garry White, chief investment commentator at Charles Stanley, says: “Mortgage holders...
Recession is ‘inevitable’ after Bank of England lost control of inflation
A Whitehall source told The Telegraph: “The Chancellor will hold the banks’ feet to the fire on the commitments they...
Mortgage doom catastrophising is the latest British disease
I don’t want to belittle the nature of today’s mortgage rate crisis. Many households are looking at real hardship.The Left-leaning...
Bank of England races to prevent future bond market collapse as interest rates rise
It could highlight potential risks such as the danger of fire sales taking place in particular markets, or funds that...
The economy is the Tories’ only hope – if they can stave off tearing the party apart first
Could it be that we are experiencing a different kind of recession this time around, one in which the adjustment...
Brexit is to blame for inflation, claims Mark Carney
But surprisingly for someone so used to being in the spotlight, Carney is camera shy. Although he’s dressed for the...
Why UK mortgages put borrowers in more jeopardy from interest rate rises
To avoid the early repayment charge, borrowers can move house by moving their existing loan to a new property, getting...
Former Bank of England governor Mervyn King describes handling of Brexit as a shambles
King criticised handling of negotiations and said there was no need for the atmosphere around them to be so bad...
The Bank of England needs more independence, not less
Already, mortgage arrears and defaults are rising, with interest rates doubling or more for homeowners – hundreds of thousands of...
