“Knowledge is power – and to be the best you can possibly be you need
to constantly learn, even if people think you are stupid or foolish”
“Being successful and the best at what you do, brings both haters
and supporters. Some people appreciate success, some people don’t”
and supporters. Some people appreciate success, some people don’t”
“The most important thing in life is to remain true to your values
and never submit to the pressures or expectations people place on you”
and never submit to the pressures or expectations people place on you”
Bank of England
June 21, 2022
Plans to ditch mortgage affordability rules by the Bank of England are, I believe, utter madness. The new rules mean lenders will no longer have to check whether homeowners would be able to keep up their mortgage payments at higher interest rates.
The move by the central bank is bizarre, and that’s putting it mildly.
A stress test is included in the current affordability checks to cover increasing rates, so as to avoid another credit crunch as we saw in
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February 6, 2021
The threat of negative interest rates from the Bank of England will encourage market-savvy investors to boost their UK stock exposure.
On Thursday, all eyes were on the Bank of England as it announced it is leaving interest rates unchanged at 0.1%, and keeping its quantitative easing (QE) agenda.
Indeed, as I explain on my YouTube channel in this video and in The Independent, amongst others, for now, the central bank has avoided moving into negative interest
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March 26, 2020
Coronavirus is likely to deliver the bloodiest nose to the pound, more so than Brexit and the financial crash of 2008-2009.
The pound dropped to its lowest level on record on Tuesday against the currencies of the UK’s major trading partners.
The Bank of England announced that the exchange rate, which is gauged against a basket of currencies corresponding to Britain’s trade flow, declined to 72.9. There was a slight increase on Wednesday to 74.4.
These
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May 15, 2013
The Bank of England’s outgoing governor, Sir Mervyn King, today released his final forecasts before he retires – and the tone is decidedly more optimistic than it has been in recent years. The Bank of England’s outgoing governor, Sir Mervyn King, today released his final forecasts before he retires – and the tone is decidedly more optimistic than it has been in recent years.
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