.... Rightly, the Bank of England is getting a bit concerned about the levels of personal debt that it has helped to generate by almost a decade of ultra-low interest rates and copious amount of quantitative easing. Geographically sundered, Britain is in the curious position of simultaneously having the problems both of a developed country and a developing country
: overheating in London and the south-east, the need to nurture growth in the rest of the country. ...
[Read full article on Guardian
Sunday 9th of July 2017 12:08:40 PM