The Bank of England may issue its own form of eMoney to compete in a cashless society. But what about privacy?
Big banks and pension funds are starting to lend to SMEs for the first time in years. Ayan Mitra, CEO of CODE Investing, explains why.
The Bank of England is expected to soon raise interest rates. However, according to the Federation of Small Businesses, with borrowing costs for small companies already high, it’s critical that future rate rises are carefully considered and gradual.
David “two brains” Willetts and his doughty team mates at something with Orwellian title of The Intergenerational Commission has spent two years coming to blindingly obvious conclusions.
Our January 2018 economic statistics piece places much emphasis on the UK’s growth rate compared to that of other G7 countries – and takes a look at why the Bank of England’s interest rate hike may not have been a “one and done” affair.
The Bank of England has today announced a bank interest rates rise, which will be the first in a decade, and the UK’s entrepreneurs have been vocal with their thoughts.
The new £10 note featuring Jane Austen has gone into circulation. It hasn’t been met with the best response though. Many dislike the accompanying quote, while others believe the note itself will soon be made redundant.
Lending to SMEs was down in July, prompting calls that the UK needs to shore up its finance options for small businesses in the face of Brexit.
Fake currency is a business, and business is booming. Yet despite high-profile cases, the Secret Service has said, “The threat of fake currency has grown in recent years,” thanks to advances in scanning and printing technology.
Thank goodness the sub optimal players at the heart of our financial establishment – like Charlotte Hogg, Hammond and Carney – are beginning to feel the heat.
Recent headlines regarding the introduction of a new £5 note in the UK could have you fooled into thinking that the Bank of England was leading a revolution in secure payments.
When the Bank of England and governor Mark Carney cut interest rates to an all-time low of 0.25 per cent it was an admission that a storm is here – and it might be here to stay.