It is often remarked on the continent that Brits are especially obsessed with home ownership, and that in Europe it is perfectly normal and acceptable for someone to rent an abode for the duration of their lifetime.
Something is brewing at the Bank of England, and, more specifically, within its Monetary Policy Committee (MPC).
Although the polls had narrowed significantly in the build-up to Election Day on Thursday 8th June, many were in shock when exit poll results that evening suggested a hung parliament was on the cards.
One of the points raised by the Remain camp during the EU referendum debate last year was that Brexit risked sending the property market into a spiral.
“No more boom and bust!” was the repeated battle cry of then-Chancellor Gordon Brown, as Labour swept into power in 1997.
Philip Hammond may look back on his rather acrimonious Spring Budget and feel the need to cringe.
If the past nine months have taught us anything, it’s that currency can be a particularly volatile economic metric.
An upbeat Budget? One of prudence? One of tax raiding? Or one of ‘utter complacency’?
It was revealed this week that the Treasury has now recouped £18.5 billion, and thus more than 90 per cent, of the rescue package the then-Labour Government put forward to bail Lloyds Bank out during the 2008 financial crisis.
“We’ll be back in the black by 2020!” was George Osborne’s persistent war cry during his time as Chancellor of the Exchequer.
We’ve written previously about the prospects for peer-to-peer lending in 2017, and the reasons for optimism among platforms following a memorable year for Lending Works.
