Debt

Moral arguments over the state pension are irrelevant. There is no money

Moral arguments over the state pension are irrelevant. There is no money

Business
Robert Johnson

The state pension age is going to have to rise sharply, in Britain as elsewhere. It is simply not sustainable to carry ...

The Bank of England risks pushing Britain into an economic death trap

The Bank of England risks pushing Britain into an economic death trap

Business
Robert Johnson

The world’s most powerful banks are losing faith in the macroeconomic judgment of the Bank of England. A disturbing number think the ...

Issa brothers introduce four-day week at Asda

Issa brothers introduce four-day week at Asda

Business
Robert Johnson

She said: “Asda has been forced to accept that all is not well amongst their managers and are attempting to address some ...

Britain to borrow record £206bn from private investors this year as election looms

Britain to borrow record £206bn from private investors this year as election looms

Business
Robert Johnson

Vivek Paul, chief investment strategist for the UK at BlackRock, said any expensive election pledges could unnerve investors. “As inflation falls in ...

Bank of England warns private credit poses threat to financial stability

Bank of England warns private credit poses threat to financial stability

Business
Robert Johnson

Sarah Breeden, the Bank’s deputy governor with responsibility for financial stability, said risky corporate lending “is a business model that has grown ...

Central bank spending is like ‘heroin’ for households, says Jamie Dimon

Central bank spending is like ‘heroin’ for households, says Jamie Dimon

Business
Robert Johnson

Sunak warned that the outlook for the global economy was “more uncertain and more challenging than any time in recent history” as ...