Remarks by the BOE financial policy committee in its latest focus summary
They note that there is “heightened risk-taking in some financial markets” before elaborating on that as per the below: Financial markets play an important role in supporting the economy and provide a substantial amount of finance to businesses. If financial markets do not function properly, businesses may be unable to Continue Reading
UK Consumer Confidence Declines as Inflation Worries Increase
British consumer morale fell to its lowest level since February, when the country was subject to severe COVID-19 restrictions, owing to concerns about the economy’s prospects and rising costs, according to a BoA report. The survey chimed with other measures of consumer confidence in Britain, which indicated that a growing Continue Reading