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“The biggest risk” to the UK economy comes from the booming housing market, Mark Carney warns, as he suggests the Bank of England may step in to stop a “big debt overhang” building up.
Labour reportedly wants to move a £1.2m loan from the scandal-hit Co-op Bank to the trade union-controlled Unity Trust Bank. But could this all be smoke and mirrors?
This is George Osborne’s big chance. It is the first time he will hold up the budget box at a time of a robustly growing economy. It has been a four-year wait for this pleasure.
David Cameron was at pains to get the Swedes onside when he announced his referendum plan last year. So, why do they still have ‘no idea’ what it is?
It is a version of mutually assured destruction preventing a full-scale trade embargo, and President Putin has planned in this way for years – Europe imports nearly a third of its gas from Russia.
We got a rare glimpse into David Cameron’s flat as he lounged on the sofa with Angela Merkel. But with the DVD collection (complete with James Bond boxset) on show, all eyes were on the bookshelf.
On any measure, having to abandon your much-hyped new policy innovation after just six months, is embarrassing – the rock star central banker seems out of tune.
Chancellor George Osborne says he would not sign up to a currency union with an independent Scotland, saying such a deal would “not work” and was “not going to happen”.
Mark Carney diplomatically warns Scotland that independence could come at a heavy price – like the ones paid by Ireland, Iceland, Cyprus and Spain.
If you believe that the government’s policies contributed to further imbalances, it might appear a little cheeky to argue: “Vote for me and I will rebalance the economy I further imbalanced.”
There are many on my Twitter stream who find it grotesque that the supposed “masters of the universe” who failed to create a safe financial world order are still on top.
Davos Man is trying to put behind him some six years of financial fear. Doom Davos and Deleveraging Davos have been replaced by Dealmaking Davos. The dust is settling.
If you are part of the army of people condemning Benefits Street without watching it, here are 10 things that you missed and four million people saw.
Nick Clegg criticises George Osborne’s plans to fix the British economy with deep cuts to the welfare budget, saying the chancellor is heaping the burden on those with the “narrowest shoulders”.
Paper currency will disappear from circulation after 300 years, to be replaced by polymer notes. Changes will also be made to how famous faces are chosen to appear on notes.
