credit
How bankers’ bonuses are contributing to the new credit crunch
Investors do not trust a banking sector grown drunk on bonuses - one of the reasons why we are facing a new credit crunch, writes Cormac Hollingsworth.
Memo to Vince Cable: lack of credit demand, not supply holds back UK economy
Memo to Vince Cable: lack of credit demand, not supply holds back UK economy: time for a cut in VAT and increase in quantitative easing
Need for affordable credit ‘big bang’ to aid low income communities
Kevin Gulliver, director of Birmingham-based research charity the Human City Institute and chair of the Centre for Community Research, on the need for affordable credit.
Rating agencies: The unaccountable oligopoly that can destroy economies
A discussion on the importance of the European Commision setting up an independent European credit rating agency
More evidence housing market has lost its momentum
Figures released today by the Bank of England suggest households’ demand for borrowing remained weak in September. Net lending secured on dwellings (i.e. mortgage borrowing) increased by only £0.1 billion in the month and was just 0.8 per cent higher than in September 2009.