Tag Archives: borrowing

IFS: Tories will need to put up taxes or make bigger spending cuts after election

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The bombshell will come as a boost to Labour ahead of conference season.

Posted in Sustainable Economy | Also tagged , , , , , , , , | 5 Responses

New figures: George Osborne borrowing more than expected

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Income tax receipts in particular have been weaker than expected.

Posted in Sustainable Economy | Also tagged , , , | 14 Responses

The Church Credit Union Network shows the way against predatory lending

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Former chief City regulator Hector Sants has introduced a national network of churches, communities and credit unions as an alternative to payday lenders.

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Problem debt: not just damaging for adults, but children too

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A new report by the Children’s Society highlights the damage being done to children by debt.

Posted in Sustainable Economy | Also tagged , , | 6 Responses

Britain’s burgeoning personal debt crisis

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Carl Packman reviews Solving Britain’s Personal Debt Crisis, by Damon Gibbons.

Posted in Sustainable Economy | Also tagged , , , , , | 7 Responses

Dear FCA, Harm is harm, whoever the lender

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Harmful debt is not concentrated in one section of the market alone.

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What if borrowing was going to be a lot lower than predicted?

Could borrowing be a lot lower by the election than anyone now expects?

Posted in Sustainable Economy | Tagged | 1 Response

Funding for Lending scheme failing as lending falls by £3.8 billion in May

New data published this week shows that banks are still not lending to British businesses, despite the government’s much trumpeted Funding for Lending scheme.

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Asking borrowers to pay more is not the answer for credit unions

In the wake of changes announced by chancellor George Osborne last week on the amount at which a credit union can charge in interest for one of its loan products, Joseph Wright of Civitas has written a paper entitled Credit Unions: A Solution to Poor Bank Lending? exploring the industry and its rates.

Posted in Good Society | Also tagged , , , , , | 2 Responses

Better to borrow to invest than borrow because your policies are failing

The below graph shows the additional borrowing in each year compared to the estimates at the Autumn Statement in December.

Posted in Sustainable Economy | Also tagged , | 2 Responses
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