“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.
“Following the Euro 2020 related boost in June, retail sales fell in July to their lowest level since shops...
The trade body UK Finance, which represents the banks, said: “The financial services sector invests more in countering fraud...
“There appears to have been a big shift in the last few months in the behaviour of the four...
Though she said the announcement is encouraging, Ms Hatley added that if prices are being maintained, it “would be...
In a letter to the Sunday Times, David Wells, the group’s chief executive, urged the PM to work towards...
The Postal Affairs Minister, Paul Scully, announced in March that this group would be put on a level pegging...
Severn Trent said the plan would also help it to reduce leakage by 16% and prompt a 30% reduction...
“While no regulator can, or should, guarantee companies will not fail in the future, we will continue to take...
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