Government and business need a new deal to navigate today’s uncertainty Business By year end, over half of the world’s population will have participated in a national election.With so many voters going to the polls, and the potential for disruptive transitions, concernsabout widespread political uncertainty have been chipping away at economic sentiment formuch of 2024. Given the wider global economic and geopolitical headwinds, this uncertaintyrisks dragging much [...]
Longer-term mortgages are on the rise amid financial stability risk concerns Economics In the first quarter of 2024, half of new mortgages had terms of 30 years or longer, up from just 12 per cent in the final quarter of 2005.
‘Market prices vulnerable to sharp correction,’ Bank of England warns Economics The Bank of England has warned that investors are only focusing on good economic news, sending up asset prices and raising the risk of a “sharp correction” in the future.