“The Bank’s overly tight monetary stance is pushing mortgage lending down, companies are struggling to repay debt, insolvencies are rising, and households are withdrawing money to meet higher repayments,” said Trevor Williams, chair of a committee which monitors the Bank’s decisions and former chief economist at Lloyds Bank.
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Post Office scandal ruined lives, inquiry hears
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After Horizon was introduced, one branch had no problems at all, but the second one showed a hole in...
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‘I harvest 70 million daffodils a year but £1 a bunch can’t last’
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The changes to how the UK trades with Europe has also added to the work involved in selling his...
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Biden signs ‘once-in-a-generation’ $1tn infrastructure bill into law
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The other bill, known as the Build Back Better Act, still faces an uncertain future in Congress. Progressive Democrats...
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Vape firm claims it will survive UK disposable ban
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Scott Butler, executive director of Material Focus, a non-profit organisation set up tackle electrical waste, noted the growing trend...
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Brexit: UK-EU trade talks restart as ‘sticking points’ remain
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But the two sides still disagree over access to UK waters by the EU’s fishing fleets – an issue...
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What went wrong at Smile Direct Club?
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Prominent investors, such as Hindenburg Research, which is known for betting against companies, had also voiced alarm, accusing Smile...
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US economy adds more jobs than expected in July
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“This is a strong report,” said Aberdeen Standard Investments deputy chief economist James McCann, adding that it would “cement”...
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Boohoo ‘set to buy Debenhams brand and website’
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Debenhams set to close putting 12,000 jobs at risk
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