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RSSMix.com Mix ID 8249793:UK debt crisis and the onward march of neoliberalism | Letters on BenGummer.net Quantitative easing allowed the wealthy to get out of cash and into assets, writes Martin London; the provisionally passed Ceta deal is TTIP by the back door, says John Airs. Plus letters by David Dodd and Paul NicolsonThe debt […]

RSSMix.com Mix ID 8249793:What is the average debt where you live? on BenGummer.net Consumer debt is edging towards levels not seen since the 2008 financial crisis. Enter your postcode to see how your area compares to the rest of the UKConsumer debt in the UK has soared by almost 10% in the past year. Unsecured […]

RSSMix.com Mix ID 8249793:Fall in migration after Brexit could push up inflation, says Carney on BenGummer.net Bank of England governor says labour shortages could force up wages A sharp fall in migrant workers coming to Britain as a consequence of Brexit could push up wages and cause a spike in inflation in the short term, […]

RSSMix.com Mix ID 8249793: Growing risk of ‘debt trap’ if interest rates remain low, bank warns on BenGummer.net BIS says near-zero interest rates have encouraged borrowing and left consumers, businesses and governments at risk from overdue risesA new warning has been issued about the growing risk of a “debt trap” if interest rates around the […]

RSSMix.com Mix ID 8249793: Don’t dismiss bankers’ predictions of a bitcoin bubble – they should know on BenGummer.net The virtual currency’s success reflects the continuing lack of trust in traditional banking following the credit crunchWhen the boss of Wall Street’s biggest bank calls a bubble, the world inevitably sits up and listens, albeit with a […]

RSSMix.com Mix ID 8249793:Pound extends gains ahead of key Bank of England speech – business live on BenGummer.net Pound hovers above a one-year high of $1.34 as investors await a speech from Bank of England policymaker for more clues on the timing of a UK interest rate rise 8.27am BSTAlan Clarke, economist at Scotiabank, has […]

RSSMix.com Mix ID 8249793:Bank of England hints that interest rates could rise in November – business live on BenGummer.net UK central bank predicts that some stimulus will probably be withdrawn “in the coming months”Breaking: BoE leaves interest rates unchanged……but hints that rate hike is comingCity: 42% chance of rate rise in NovemberNovember hike is ‘real […]

RSSMix.com Mix ID 8249793:Bank of England hints that interest rate rise is coming, sending pound soaring – business live on BenGummer.net UK central bank predicts that some stimulus will probably be withdrawn “in the coming months”Breaking: BoE votes 7-2 to leave interest rates unchanged……but hints that rate hike is comingCity: 42% chance of rate rise […]

RSSMix.com Mix ID 8249793:Markets await Bank of England rate decision, as John Lewis profits halve – business live on BenGummer.net John Lewis group, owner of Waitrose, says consumers are being hit by inflationary pressures and political uncertaintyJohn Lewis profits hit by weak poundJL: Inflationary pressures are hurtingProfits down 53% as redundancy costs jumpChairman: we need […]

RSSMix.com Mix ID 8249793:Thousands of cash machines not ready for the new £10 note – but there’s a pretty good reason why on BenGummer.net THOUSANDS of cash machines are not ready for the new £10 as it launches today – but there’s a pretty good reason why. Banks must wait until they run out of […]

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