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Debt is hanging around the necks of households

Debt is hanging around the necks of households, like Christmas cake on the hips. Spanish researchers* have recently confirmed the existence of a long-run relationship between house prices and home...

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General election – Prudence back in the economy?

Prudence was a lovely girl, much beloved by the sombre Gordon Brown. But when it came to the electorate dear lovely Prudence didn’t set the pulse racing. You see Prudence liked to save, Prudence liked...

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Securing medium-term funding – businesses should act now

Vince Cable says the banks must get lending, as ‘they have been accumulating reserve capital beyond their requirements’. Businesses should be wary. Don’t think this means funding is finally about to be...

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