Small and medium-sized enterprises (SMEs) are increasingly able to secure bank loans supported by a Government-backed scheme, as lending under the scheme reached its highest level since 2010. [Read more…]
Britain Opts for a Bubble Play
October 19, 2013 By 1 Comment
The UK government has “lost patience” with austerity, and with a general election two years away, has abandoned it in favour of a new bout of debt creation, “tempting consumers to leverage their balance sheets into a new housing bubble,” suggests Trevor Greetham of Fidelity Worldwide Investment. [Read more…]
Threat to pensions
April 10, 2012 By 2 Comments
Threat to Pensions
In some countries – Argentina, Hungary, Portugal – governments have already expropriated private-sector pension funds as a means of dealing with serious financial problems. There are “warning tremors” that such policies of seizure could spread to developed nations, warns FT commentator Tony Jackson. [Read more…]
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