With incomes falling and debts rising, writes Neasa MacErlean, more people have stopped saving – leaving them vulnerable to further economic shocks
In both instances, housing and oil prices were fueled by periods of massive credit expansion,
The script of the next crash, the 'Slump of 2018', will have different actors
(15) Adam McKay, 130 mins. Starring: Christian Bale, Steve Carell, Ryan Gosling, Brad Pitt, Marisa Tomei
The findings show that the industry has recovered from the financial crisis
Seven years on from the chaos of the financial crisis the senior managers of our banks seem to be off the hook. But as the charge sheet of wrongdoing grows ever longer a former regulator says it’s time to demand proper accountability.
'Without penalising perpetrators and their seniors we will not get better behaviour'
A half an hour session with a sex worker can now be as cheap as $2
Taxpayer-owned bank sets aside £4.5bn extra for loss-making loans
Just when you thought the disaster at RBS couldn’t get any worse, it did.
Renowned labour market economist warns it would be premature to put up the Bank’s base rates from 0.5 per cent
The government's argument for deterrence is fatuous. To assume that those given to alcohol, cigarettes and drugs will stop should the cost be high enough is absurd
Could Britain’s chronic housing shortage be solved by using insurers’ assets? Jamie Dunkley and Russell Lynch report
Campaigners want to stop Gabor Vona holding a rally in London on the eve of Holocaust Memorial Day
City traders sent the pound soaring following a shock fall in unemployment and the first explicit signal from the Bank of England on how it would handle a hike in interest rates.
Pope's message on wealth distribution comes after Oxfam said 85 richest people in world have as much wealth as poorest 3.5 billion