The current "shocking decline in the money supply" is being ignored by central bankers, and this could yet result in "financial collapse" warns Albert Edwards, Co-head of Global Strategy at Sociรฉtรฉโฆ
Read more … →Homeowners in the UK are facing increased financial strain as the interest rates on standard two-year fixed mortgage deals have surpassed 6% for the first time since December of last year.
Read more … →Pound Sterling was swamped with widespread losses as currency and interest rate markets responded to a further increase in one of the UK's most important measures of inflation barely more than a daโฆ
Read more … →There was some good news contained in the tranche of inflation data released midweek: the price pressure pipeline is weakening as UK manufacturers see falling costs.
Read more … →Households can beat the 'mortgage crunch' by extending the length of their mortgages with their existing provider, according to a new analysis.
Read more … →The UK economy returned to growth in April following the contraction recorded in a damp March (-0.3%).
Read more … →"Wage growth has far too much momentum for the MPC to stop hiking Bank Rate yet," says Samuel Tombs, Chief U.K. Economist at Pantheon Macroeconomics.
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