As the FT reports this morning: The Bank of England is likely to keep interest rates steady this week even as it confronts the prospect
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What can you do before a crash?
The Bank of England has suggested we’re facing mega economic uncertainty right now. Stock markets are at record highs. Shadow banking is exposed to AI
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A financial crash is coming
The FTSE 100 and S&P 500 are near record highs. The real economy is deteriorating. And the Bank of England’s Deputy Governor for Financial Stability,
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2026 has the potential to be very much worse than even I expect.
The Guardian reports this today, reflecting the fact that my opinion that stock exchanges are overvalued is now shared by the Bank of England: Stock
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Government borrowing is going to increase. It’s up to all of us here to explain this fact.
The indications are that the world is beginning to understand the complete and utter economic mess that will be the lasting legacy of 2026. Trump
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Bank of England independence has been a disaster – and it’s time for it to end
Should the Bank of England control UK interest rates, or should that power return to elected government? In this video, I argue that the Bank
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Reeves is still missing the point
As The Guardian reported last night: The bosses of Britain’s “big five” retail banks have been summoned to a meeting with the chancellor, Rachel Reeves, this
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Financial speculation is imposing a heavy price in this war
I note this chart of the oil price over the last year. It comes from the invaluable Trading Economics website. It is correct to Last
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Why are we still handing massive unearned bungs to UK commercial banks?
My old friend Prem Sikka, who now sits in the House of Lords as Lord Sikka, drew my attention yesterday to a couple of answers
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