Wonganomics: the role of student debt and housing costs
Wonga boss Errol Damelin tells Channel 4 News his payday lending firm is benefiting from a “generational shift” away from credit cards and unauthorised overdrafts.
214 items found
Grown-up children are increasingly likely to find home comforts living with their parents rather than moving out and spreading their wings, new research claims.
Wonga boss Errol Damelin tells Channel 4 News his payday lending firm is benefiting from a “generational shift” away from credit cards and unauthorised overdrafts.
New Nationwide figures show that house prices are continuing to rise and the British Chambers of Commerce raises its GDP estimate, amid claims that economic growth is gaining pace.
There are two Mark Carneys. There is one struggling to get the barbecue of UK growth prospects up to cooking temperature. And conversely there is one that in 2015/16 might have to put out a raging credit-fuelled inflationary consumer conflagration.
House prices are on the rise – usually the symptom of a an increasingly buoyant property market. But some economists are warning that you can have too much of a good thing.
House prices are rising at their fastest since the 2006 peak, according to new figures. But is this good news for people trying to get onto the property ladder?
Labour sets its sights on Tesco’s employment practices, accusing the supermarket giant of employing cheap workers from eastern Europe, in a speech attacking “unscrupulous employers”.
Parents are giving their children £2bn a year to help them buy their first homes, according to the housing charity Shelter.
Chancellor George Osborne meets housebuilders and mortgage lenders to discuss the second phase of the government’s scheme to increase home ownership.
Mark Carney, the incoming governor of the Bank of England, is widely praised. So how good a job has he done in his five years in charge of Canada’s central bank?
After a decade in charge of the Bank of England, at a time of unprecedented financial turmoil, Sir Mervyn King leaves Threadneedle Street for a seat in the House of Lords.
It’s the centrepiece of the government’s plans to get the economy going after three years of meagre growth.
Over a quarter of a million mortgage holders have no plan for paying off their interest-only loan, and the regulator warns such borrowers not to bury their head in the sand.
Nick Clegg says the government’s Funding for Lending has been put on steroids. But, if it leads to a house price bubble, is it really an economic policy on smack?
George Osborne’s plans to boost home ownership risk harming the housing market and leaving the treasury with a significant hole in its coffers, a powerful committee warns in a new report.