Say hello to Britcoin – and say goodbye to financial privacy
Central bank digital currencies (CBDC) are the shiny new play thing for governments around the world. From the moment the...
archiveBank of England
Record demand for 35-year mortgages as first-time buyers face soaring rates
The average age of a first-time buyer is now 32, according to Halifax, suggesting that many people are borrowing until...
British long-term savings giant Phoenix dumps UK assets over inflation crisis
Phoenix is one of Britain’s biggest investment groups, with £260bn of assets under management.Gilt yields have been volatile since last...
The Bank of England has made Britain the sick man of Europe again
It fuelled a run up in asset prices that was always going to feed through to higher prices in the...
Bond markets thrown into chaos as new mortgage shock looms
The yield on ten-year debt rose by almost 0.2 percentage points on Thursday to 4.37pc, putting it above Italy's rate...
Bank of Canada says mortgage payments could spike as much as 40 per cent
Open this photo in gallery:The Bank of Canada said that by 2026, nearly all borrowers have to renew their mortgages,...
Andrew Bailey admits Britain is suffering a wage-price spiral
He said that while there were signs of the labour market starting to loosen, it was happening more slowly than...
Bank of England to water down rules for lenders to boost Britain’s competitiveness
The Bank of England is preparing to water down changes to its post-crisis rulebook after lenders warned plans to raise...
Fact-check: Why is inflation higher in the UK than in the EU?
As the Bank of England hikes interest rates to keep prices in check, the UK's inflation rate remains worse than...
Get ready for two more years of surging prices, says Bank of England
In addition policymakers said economic growth will be materially stronger than previously thought, with the economy now expected to expand...
