Bank of England
How the Bank of England could hand Starmer a £11bn windfall
Business
While this eased strain across financial markets and paved the way for lower borrowing costs, the programme’s consequences are now being felt ...
Big banks slammed for being ‘subsidised by taxpayer’ and failing to pass interest rate hikes
Business
Big banks are being slammed for being “subsidised by the taxpayer” and failing to pass on higher interest rates to savings and ...
Bank of England issues urgent warning to anyone with a mortgage
Business
More homeowners are behind on their mortgages than anytime in the last seven year, according to the Bank of England’s latest data ...
How Gordon Brown could tempt Labour into a stealth ‘mortgage tax’
Business
Paul Tucker, a former deputy governor of the Bank, argued in an influential 2022 paper that the scale of the payments caused ...
European stocks rise as pound slips ahead of Bank of England decision this week
Business
The FTSE was higher and the pound slipped ahead of the Bank of England’s interest rate decision on Thursday. (Yui Mok, PA ...
Blow to Britons as current account switch cash deals ‘vanish’ from the market
Business
Britons have been dealt a harsh blow as current account switching cash offers from major high street banks have “vanished” from the ...
GLEN OWEN: The honeytrap MP… and the Godfather-style hits that rubbed out SEVEN Boris buddies
U.K.
Boris Johnson’s favourite film scene is the ‘multiple retribution’ at the end of The Godfather, when Mafia boss Michael Corleone eliminates his ...
Private equity binge threatens to trigger financial crisis, warns Bank of England
Business
In 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 important role ...
Treasury warned glut of debt risks market malfunction
Business
Responsibility for these funds is taken over by insurers once a fund reaches a stage known as “buyout”. However, different regulations in ...
‘Opposite direction borrowers have hoped!’
Business
Mortgage rates rose last month amid a “volatile” property market in another blow to homeowners, according to new data. Experts are warning ...
