Month: November 2013

The BoE has declared that the Funding For Lending scheme will no longer be usable by banks to fund mortgages and will only be available for business lending. This is the single most important change in lending policy for three decades. The Bank has also indicated that it will set minimum deposit levels at a […]

Every day some new atrocity is reported from one or all of these countries. At the moment the worst by far is Syria. All three countries share a common profile in that they were created suddenly by drawing lines on a map and not by a natural process over time and all have different religious […]