It is rare indeed for the Financial Conduct Authority to get something (nearly) right, but it happened this week with its investigation into the strange
The decision by credit ratings agency Moody’s to cut the UK’s sovereign credit rating has been a gift to the government’s critics. The agency downgraded the UK from Aa3
The Bank of England denies it, but we are being softened up for negative interest rates. This Alice-in-Wonderland concept, where savers pay someone else to
One should always be wary of claims made by those whose job it is to promote a particular interest, whether it be a business, an
A personal view from Ian Stewart, Deloitte’s Chief Economist in the UK. Money evolves over time. Successive innovations, from coins to banknotes, cheques, credit cards,
JP Morgan Chase has just been ordered by the US Commodity Futures Trading Commission to pay another $920 million fine after admitting misconduct tied to
A personal view from Ian Stewart, Deloitte’s Chief Economist in the UK. In their response to the pandemic, Western governments have learned and applied many
It finally happened this week. After accepting ever-shrinking returns on lending to the UK government, investors finally capitulated and agreed to pay the Bank of
Maggie Pagano interviews Mervyn King, the former Governor of the Bank of England whose tenure spanned the global financial crash, about the government’s response to
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