“An upside surprise to inflation is among the greatest risks.”
“It’s impossible to know how many of these shuttered hotels and hostel will reopen.”
Mortgage applications spike to record, while 130,000 homeowners are on mortgage holidays, 500,000 on tailored payment plans, and over 1 million are in unmortgageable apartments due to the flammable cladding crisis.
The Big Taper starts one central bank at a time. But you gotta keep the markets from swooning with a bit of welcome delusion.
The BoE is assessing if contagion from this scandal could spread to the broader housing market and cause a new financial crisis.
Central banks still brush it off as just “temporary.”
I am the mother-in-law of Nick Corbishley, author of “365 Days with my Mother-in-Law: Boots on the Ground View of Barcelona’s Economy.” This is my side of the story.
It remains in a state of suspended animation.
The hard Brexit has compounded pressures on many UK industries, but some key positives have started to emerge.
Biggest beneficiaries of the now scuttled rescue plan would have been private equity firm KKR and Banco Santander.