Dec 18, 2021 | Newsletter
Findings of recent surveys show that consumer sentiment has dipped in recent weeks after the outbreak of euphoria when lockdowns were lifted and consumers could once again visit pubs and clothes shops. The Bank of England has noticed too. When Andrew Bailey, the...
Dec 16, 2021 | Newsletter
Millions of savers will be blocked from transferring their pensions to access them at age 55 after the Treasury closed a loophole. HM Treasury has clamped down on pension transfers in advance of a planned increase to the minimum age at which savers can access their...
Dec 14, 2021 | Newsletter
So far, the big message from the Glasgow climate conference is the role of finance in decarbonising the global economy. But economic experts have warned that it is a dangerous development in some respects. In his speech to COP 26 last week, the Chancellor, Rishi...
Dec 12, 2021 | Newsletter
Mortgage borrowers’ chances of securing an ultra-cheap deal narrowed in spite of a decision by the Bank of England to hold interest rates at 0.1%, as banks and building societies raised interest rates across their fixed-rate home loans. The central bank’s decision...
Dec 10, 2021 | Newsletter
The Bank of England Governor Andrew Bailey is facing a backlash from economists and MPs for ‘crying wolf’ over an interest rate hike. Critics questioned whether he was the right man to lead the Bank after a ‘big communications failure’ on...
