As the FT noted recently, about twenty per cent of the world’s government debt is now owned by the central banks of the governments who
Read the full article…

I’m pleased to share the following guest post by my friend Professor Atul Shah on his new book, out this week: The Politics of Risk,
Read the full article…

The Bank of England published an astonishing blog post yesterday. This began by saying: Financing World War I required the UK government to borrow the
Read the full article…

I thought this chart from the FT this morning was of interest: That’s roughly £350 billion under management for the wealthiest in the UK, with
Read the full article…

The old chestnut of what came first, the savings or the loan, came up on the blog over the weekend. I have argued for many
Read the full article…

The Guardian has reported: The Bank of England is stepping up its scrutiny of banks and other lenders on credit cards, personal loans and car
Read the full article…

The FT has just reported: The Bank of England has put lenders on notice that they will have to build a special buffer worth £11.4bn
Read the full article…

The FT has reported tonight that: Italy has moved to shore up confidence in its fragile banking system after agreeing to pump €5bn of taxpayers’
Read the full article…

Amidst the post-election crisis, concern about the DUP, Brexit and anguish abut the tragedy at Grenfell Tower it has been easy to miss other events,
Read the full article…